At a Glance
Average Property Price - NG11
£296,300
41
National percentile
Average Monthly Rent - NG
£891
32
National percentile
Average Net Household Income - NG11
£37,005
44
National percentile
Flat / Maisonette Yield - NG
6.1%
81
National percentile
10-Year Annualised Price Growth - NG11
4.7%
85
National percentile
10-Year Annualised Rent Growth - NG
4.7%
87
National percentile
Property Price & Volume Trends
The latest average property price in NG11 is £296,300, positioning it below the national average. The district has experienced strong 10-year annualised growth of 4.7%, placing it among the fastest-growing areas nationally. Transaction volumes have declined slightly, with 442 sales in the latest year compared to a 10-year average of 570 annually.
Rent & Yield Trends
Average monthly rents in the broader NG area stand at £891, which is below the national average. Rental growth over the past decade has been robust at 4.7% annually, among the strongest nationally. The flat yield has improved meaningfully to 6.1%, well above its 10-year average of 4.8%, reflecting a strengthening rental investment case.
Income & Affordability Trends
Average net household income in NG11 is £37,005, slightly below the national midpoint. The price-to-income ratio has shifted from 6.3x in 2016 to 8.2x today, indicating that affordability for purchase has weakened notably over this period. Rental affordability has also slipped slightly, with the rent-to-income ratio rising from 23.1% to 23.9% since 2016.
Resident Demographic Profile
The age profile shows a notably higher proportion of young adults aged 16–24 at 14.7%, compared to the national average of 11.0%. The district also has a larger-than-average elementary occupation workforce at 13.9% versus 10.2% nationally. Social rented housing accounts for 19.8% of tenure, above the national average of 16.5%, whilst private rented stock is proportionally lower at 16.3%.