At a Glance
Average Property Price - NG13
£356,058
58
National percentile
Average Monthly Rent - NG
£891
32
National percentile
Average Net Household Income - NG13
£48,152
84
National percentile
Flat / Maisonette Yield - NG
6.1%
81
National percentile
10-Year Annualised Price Growth - NG13
3.6%
51
National percentile
10-Year Annualised Rent Growth - NG
4.7%
87
National percentile
Property Price & Volume Trends
The average property price in NG13 stands at £356,000, positioning it slightly above the national midpoint. Over the past decade, prices have grown at an annualised rate of 3.6%, roughly in line with the national pace. Transaction volume last year reached 363 sales, down from a 10-year average of 443, suggesting a moderately quieter market.
Rent & Yield Trends
Average monthly rent across the broader NG postcode area is £891, placing it below the national average. Rents have nonetheless grown strongly at 4.7% per annum over the past decade—among the fastest nationally. The current flat yield of 6.1% represents a notable rise from its 10-year average of 4.8%, indicating an increasingly attractive rental return despite modest rent levels.
Income & Affordability Trends
Household incomes in NG13 are well above average at £48,152, placing the area among the most affluent nationally. The price-to-income ratio of 7.6x has improved since 2016 (when it stood at 8.2x), meaning properties are more affordable relative to earnings than they were then. By contrast, rental affordability has tightened slightly: the rent-to-income ratio has risen from 23.1% to 23.9%, indicating rents are now taking a marginally larger share of household income.
Resident Demographic Profile
NG13 skews notably older than the national average, with over one in five residents aged 65 or over (21.9% vs 19.6% nationally) and the 50–64 age group also above average at 21%. Housing tenure is heavily weighted towards outright ownership at 39.2%, well above the national norm of 33.7%, reflecting an established, mature population. The workforce is dominated by professionals (25.6%) and managers (17.2%), both significantly above national averages, while trades and elementary roles are notably underrepresented.