At a Glance
Average Property Price - NN10
£269,683
33
National percentile
Average Monthly Rent - NN
£1,027
52
National percentile
Average Net Household Income - NN10
£35,795
36
National percentile
Flat / Maisonette Yield - NN
6.6%
96
National percentile
10-Year Annualised Price Growth - NN10
4.0%
66
National percentile
10-Year Annualised Rent Growth - NN
4.6%
86
National percentile
Property Price & Volume Trends
The average property price in NN10 is £270,000, placing it below the national average. Over the past decade, prices have grown at 4.0% annually—a solid pace that sits slightly above the national median. Transaction volumes have moderated, with 571 sales in the latest full year compared to an annual average of 700 over the previous ten years.
Rent & Yield Trends
Average monthly rent in the broader NN postcode area stands at £1,027, close to the national midpoint. Rent growth has been notably strong at 4.6% per year, outpacing the national trend significantly. Flat yields have improved to 6.6%, up from a ten-year average of 5.5%, reflecting growing rental returns.
Income & Affordability Trends
Average household income of £36,000 falls below the national average, placing the area in the lower-middle income band. Purchase affordability has tightened slightly: the price-to-income ratio has risen from 6.8x in 2016 to 7.2x today. Rental affordability has also shifted; the rent-to-income ratio has moved from 26.6% to 28%, indicating that housing costs are claiming a larger share of household income.
Resident Demographic Profile
The age profile is broadly balanced with a slightly above-average proportion of young children (19.1% under 15). Housing tenure is distinctive: owner-occupation with mortgage (33%) is notably higher than the national norm of 27%, reflecting a strong owner-occupier market, while private renting (18.2%) is correspondingly lower. The employment mix shows higher representation in trades (12%) and elementary roles (13.1%), with notably fewer professionals (13.7%) than the national average of 20.5%.