At a Glance
Average Property Price - NG14
£381,891
63
National percentile
Average Monthly Rent - NG
£891
32
National percentile
Average Net Household Income - NG14
£45,267
77
National percentile
Flat / Maisonette Yield - NG
6.1%
81
National percentile
10-Year Annualised Price Growth - NG14
3.7%
53
National percentile
10-Year Annualised Rent Growth - NG
4.7%
87
National percentile
Property Price & Volume Trends
The latest average property price in NG14 is £382,000, placing it slightly above the national median. Over the past decade, prices have grown at an annualised rate of 3.7%, which is broadly in line with the national trend. Transaction activity has moderated, with 274 sales in the latest full year compared to an average of 366 over the previous ten years—a decline of around 25%.
Rent & Yield Trends
Average monthly rents in the broader NG area stand at £891, which is noticeably below the national average. However, rents have grown at 4.7% per year over the past decade, significantly outpacing national growth. The current flat yield of 6.1% sits above its ten-year average of 4.8%, reflecting improved returns for rental investors in recent years.
Income & Affordability Trends
Household incomes in NG14 are above the national average at £45,267. Purchase affordability has improved since 2016: the price-to-income ratio has fallen from 8.0x to 7.7x, indicating properties have become more achievable relative to earnings. Rental affordability has tightened slightly, with the rent-to-income ratio rising from 23.1% to 23.9%, though it remains at a reasonable level.
Resident Demographic Profile
NG14 has a distinctly older demographic profile, with a quarter of residents aged 65 and over—significantly higher than the national average of 19.6%. Young adults aged 16–24 are notably underrepresented at 7.6%, well below the national figure of 11%. The housing tenure profile is heavily skewed towards outright ownership at 48.5%, nearly 15 percentage points above the national average, while private renting is proportionally lower at 11.4%. Professionally employed residents are slightly above average, and the area shows above-average representation in managerial roles.