At a Glance
Average Property Price - NG2
£351,042
56
National percentile
Average Monthly Rent - NG
£891
32
National percentile
Average Net Household Income - NG2
£43,860
72
National percentile
Flat / Maisonette Yield - NG
6.1%
81
National percentile
10-Year Annualised Price Growth - NG2
4.5%
81
National percentile
10-Year Annualised Rent Growth - NG
4.7%
87
National percentile
Property Price & Volume Trends
The average property price of £351,000 sits around the national midpoint. However, the area has experienced notably strong growth over the past decade, with annualised appreciation of 4.5% — among the fastest-growing areas nationally. Transaction activity has moderated recently, with 653 sales in the latest year compared to an average of 849 over the past decade.
Rent & Yield Trends
Rental levels at £891 per month are below the national average. Rents have nonetheless grown at 4.7% annually, placing the area among the fastest-growing rental markets nationally. The flat yield has strengthened to 6.1%, up significantly from its 10-year average of 4.8%, reflecting improving returns for investors.
Income & Affordability Trends
Average household income of £44,000 sits above the national median. The price-to-income ratio of 7.6x has improved since 2016 (7.9x), suggesting purchase affordability has edged better. Rental affordability has tightened slightly, with rent-to-income rising from 23.1% in 2016 to 23.9% today.
Resident Demographic Profile
NG2 has a substantially younger demographic than the national average. Those aged 16–24 comprise 22.6% of the population — double the national share — while the 65+ age group at 10.8% is notably underrepresented. The housing tenure profile reflects this youth: private rented accommodation accounts for 40.2% of homes, far above the national average of 21.7%, whilst outright ownership at 21.9% is well below the national norm of 33.7%. The employment mix skews heavily toward professionals, who make up 32.2% of the workforce compared to a national average of 20.5%, while trades workers are significantly underrepresented.