At a Glance
Average Property Price - NG6
£193,596
10
National percentile
Average Monthly Rent - NG
£891
32
National percentile
Average Net Household Income - NG6
£31,637
13
National percentile
Flat / Maisonette Yield - NG
6.1%
81
National percentile
10-Year Annualised Price Growth - NG6
6.3%
98
National percentile
10-Year Annualised Rent Growth - NG
4.7%
87
National percentile
Property Price & Volume Trends
The average property price in NG6 is £194,000, placing it among the cheapest neighbourhoods nationally. Despite this low entry point, the area has delivered exceptional growth over the past decade, with prices rising 6.3% annually — a rate in the top 2% nationally. Transaction volumes have moderated, with 356 sales in the latest year compared to a 10-year average of 448, suggesting a slightly softer market.
Rent & Yield Trends
Average monthly rent stands at £891, below the national midpoint. Rental growth has been robust at 4.7% per year over the past decade, placing it in the top tier nationally. Yields have improved markedly: at 6.1% in the latest year, they are now well above the 10-year average of 4.8%, reflecting stronger rental demand relative to property values.
Income & Affordability Trends
Average household income of £32,000 is well below the national average, placing the area in the bottom decile. This affordability squeeze is evident in the price-to-income ratio, which has risen from 4.3x in 2016 to 5.6x today, making purchase significantly less affordable despite low nominal prices. Rental affordability has also deteriorated marginally: the rent-to-income ratio has risen from 23.1% to 23.9%, indicating that renters now spend a slightly larger share of their income on housing.
Resident Demographic Profile
The area has a notably younger population, with over one in five residents under 15 — well above the national average of 17.5%. The elderly population is smaller than average, at 16%. Housing tenure is distinctive: outright ownership at 26.4% is below average, while social rented housing at 25.7% is significantly elevated, reflecting higher concentrations of public housing. Employment patterns show an unusually high share of elementary occupations (16.4% versus 10.2% nationally) and caring roles (12.7% versus 9.2%), with professionals and managers underrepresented.