At a Glance
Average Property Price - NN1
£219,436
18
National percentile
Average Monthly Rent - NN
£1,027
52
National percentile
Average Net Household Income - NN1
£33,748
24
National percentile
Flat / Maisonette Yield - NN
6.6%
96
National percentile
10-Year Annualised Price Growth - NN1
2.9%
27
National percentile
10-Year Annualised Rent Growth - NN
4.6%
86
National percentile
Property Price & Volume Trends
The average property price in NN1 is £219,000, well below the national average and among the cheapest nationally. Over the past decade, prices have grown at 2.9% annually—below the national growth rate, reflecting modest capital appreciation. Transaction volumes have declined noticeably; 339 sales were recorded in the latest full year, down from a 10-year average of 451, signalling weaker market activity.
Rent & Yield Trends
Average monthly rent across the broader NN postcode stands at £1,027, close to the national median. Rental growth has been notably strong at 4.6% annually over the past decade, among the fastest growth rates across the country. Yields have improved to 6.6% in the latest period, up from a 10-year average of 5.5%, indicating strengthening returns for landlords.
Income & Affordability Trends
Average net household income is £33,748, below the national average and among the lower-earning areas nationally. The price-to-income ratio stands at 6.3x, having improved from 6.7x in 2016, reflecting modest gains in affordability for buyers. Rental affordability has tightened; the rent-to-income ratio is now 28%, up from 26.6% in 2016, placing greater pressure on renters' budgets.
Resident Demographic Profile
The population is notably younger than average, with a substantial concentration of 25–34 year-olds (22% versus 13% nationally) and 35–49 year-olds (22% versus 19% nationally). The over-65 population is significantly underrepresented at just 8.5%, compared to 19.6% nationally. Housing tenure is heavily skewed towards private rental (44% versus 22% nationally) and social rent (26% versus 17% nationally), with owned housing—both outright and mortgaged—well below national levels. Employment is dominated by elementary occupations at 27%, nearly three times the national rate, alongside elevated levels of plant and machine operators (9.6% versus 6.6% nationally), reflecting a working-class economic base.