At a Glance
Average Property Price - NG17
£202,559
13
National percentile
Average Monthly Rent - NG
£891
32
National percentile
Average Net Household Income - NG17
£32,577
16
National percentile
Flat / Maisonette Yield - NG
6.1%
81
National percentile
10-Year Annualised Price Growth - NG17
5.2%
91
National percentile
10-Year Annualised Rent Growth - NG
4.7%
87
National percentile
Property Price & Volume Trends
The average property price of £203,000 places NG17 among the cheapest 15% of postcodes nationally. Over the past decade, prices have grown at 5.2% annually—among the strongest growth rates in the country. However, transaction activity has slowed: 877 sales in the latest year represent a notable decline from the 10-year average of 1,050 per year.
Rent & Yield Trends
Average monthly rent of £891 sits below the national middle ground. Rents have risen by 4.7% annually over ten years, a pace that ranks among the faster-growing areas nationally. The rental yield of 6.1% is notably higher than the 10-year average of 4.8%, reflecting the current strength of buy-to-let returns in the area.
Income & Affordability Trends
Average household income of £32,577 is well below the national average, placing the area among the lower-earning 20% of postcodes. The price-to-income ratio of 5.7x has worsened significantly since 2016 (when it stood at 4.8x), indicating reduced purchase affordability. Rental affordability has also tightened slightly: the rent-to-income ratio has risen from 23.1% to 23.9%, though it remains manageable.
Resident Demographic Profile
The population skews slightly older than average, with those aged 50–64 accounting for over one-fifth; by contrast, 16–24-year-olds are underrepresented. Employment is heavily weighted towards trades (13.1%) and elementary occupations (15%), well above national norms, while professional roles (12.2%) are significantly below average. Mortgage ownership is above average at 29.7%, reflecting younger households; social rented accommodation is also notably higher than the national average.