At a Glance
Average Property Price - NE6
£204,282
13
National percentile
Average Monthly Rent - NE
£830
23
National percentile
Average Net Household Income - NE6
£19,923
2
National percentile
Flat / Maisonette Yield - NE
6.0%
74
National percentile
10-Year Annualised Price Growth - NE6
4.1%
68
National percentile
10-Year Annualised Rent Growth - NE
4.0%
54
National percentile
Property Price & Volume Trends
The average property price in NE6 is £204,000, placing it well below the national average and among the most affordable districts nationally. Over the past decade, prices have grown at 4.1% per year — slightly faster than the national average, reflecting steady but modest appreciation. Transaction volumes have slowed, with 408 sales in the latest year compared to a ten-year average of 512, suggesting a gentler market pace.
Rent & Yield Trends
Monthly rents average £830, placing the area below the national midpoint and offering relatively affordable rental housing. Rental growth has averaged 4.0% annually over the past decade, broadly in line with national trends. The flat yield currently stands at 6.0%, up from a ten-year average of 5.3%, indicating improved returns for landlords in recent years.
Income & Affordability Trends
Average household income in NE6 is £19,923, significantly below the national average. Affordability has deteriorated markedly: the price-to-income ratio has widened from 5.4x in 2016 to 9.3x today, reflecting rising property values against relatively static incomes. Rental affordability has also worsened, with the rent-to-income ratio climbing from 24.1% to 26.2% over the same period.
Resident Demographic Profile
The area skews younger than the national average, with notably higher proportions aged 16–24 (17.5% vs 11.0% nationally) and 25–34 (21% vs 13.4%), reflecting a student and early-career population. Housing tenure is dominated by social rented homes (36% vs 16.5% nationally) and private rental (26.8% vs 21.7%), with outright ownership far below average at 17.3%. The employment profile shows a concentration in professional roles (24.7% vs 20.5%) but significantly fewer managers (6.4% vs 13.4%) and trades workers (7.6% vs 10.5%).