At a Glance
Average Property Price - NG9
£291,431
40
National percentile
Average Monthly Rent - NG
£891
32
National percentile
Average Net Household Income - NG9
£39,036
54
National percentile
Flat / Maisonette Yield - NG
6.1%
81
National percentile
10-Year Annualised Price Growth - NG9
4.8%
86
National percentile
10-Year Annualised Rent Growth - NG
4.7%
87
National percentile
Property Price & Volume Trends
The average property price in NG9 is £291,000, placing it slightly below the national average. Over the past decade, the area has experienced strong price growth of 4.8% annually — among the fastest across the UK. However, transaction activity has softened; 869 sales were recorded in the latest full year, down from a 10-year average of 1,078, reflecting cooler market conditions.
Rent & Yield Trends
Average monthly rent in the broader NG postcode area stands at £891, below the national average. Rents have grown at 4.7% annually over the past decade, representing above-average growth nationally. The flat yield has improved markedly to 6.1%, well above its 10-year average of 4.8%, indicating improving returns for buy-to-let investors.
Income & Affordability Trends
Average household income of £39,036 is close to the national median. Affordability has deteriorated: the price-to-income ratio has risen from 6.2x in 2016 to 7.4x today, meaning properties now command a steeper premium relative to earnings. Rental affordability has also weakened slightly, with rent absorbing 23.9% of income compared to 23.1% in 2016.
Resident Demographic Profile
The age profile is broadly balanced with one notable exception: those aged 16–24 are overrepresented at 13.1%, above the national average of 11.0%. The 65+ population is slightly elevated at 19.7%. Owner-occupation is above average, with 35.7% owning outright and 28.3% with a mortgage, while social rented housing is notably lower at 11.9%. The employment profile is distinctive for its high proportion of professionals at 30.5%, significantly above the national average of 20.5%, and lower than average representation in trades and caring professions.