At a Glance
Average Property Price - NG4
£242,211
25
National percentile
Average Monthly Rent - NG
£891
32
National percentile
Average Net Household Income - NG4
£36,044
38
National percentile
Flat / Maisonette Yield - NG
6.1%
81
National percentile
10-Year Annualised Price Growth - NG4
5.5%
94
National percentile
10-Year Annualised Rent Growth - NG
4.7%
87
National percentile
Property Price & Volume Trends
The average property price in NG4 is £242,000, placing it in the lower quarter of the national market. Prices have grown at 5.5% annually over the past decade—among the fastest-growing areas nationally. Transaction activity has slowed recently, with 573 sales in the latest year compared to a 10-year average of 702 per year.
Rent & Yield Trends
Average monthly rent in the broader NG area stands at £891, below the national average. Rental growth over the past decade has been notably strong at 4.7% annually, outpacing most regions nationally. The flat yield has risen to 6.1% in the latest year, up from a 10-year average of 4.8%, reflecting improved returns for buy-to-let investors.
Income & Affordability Trends
Average net household income is £36,044, modestly below the national average. Affordability for buyers has weakened: the price-to-income ratio has risen to 6.5x from 5.1x in 2016, indicating it now takes longer to save for a property purchase. Rental affordability has also tightened slightly, with rents now consuming 23.9% of household income compared to 23.1% a decade ago.
Resident Demographic Profile
The population skews older than average, with notably fewer young adults aged 16–24 (8.9% versus 11% nationally) and a larger share of those aged 50–64 (21.1% versus 19.8%). The district is more owner-occupied than the national norm, with 34.1% holding mortgages and 35.1% owning outright. Employment is weighted more heavily toward trades (12.3% versus 10.5% nationally) and technical roles, with fewer managers and professionals than the national average.