At a Glance
Average Property Price - NN11
£304,428
43
National percentile
Average Monthly Rent - NN
£1,027
52
National percentile
Average Net Household Income - NN11
£39,434
56
National percentile
Flat / Maisonette Yield - NN
6.6%
96
National percentile
10-Year Annualised Price Growth - NN11
3.3%
38
National percentile
10-Year Annualised Rent Growth - NN
4.6%
86
National percentile
Property Price & Volume Trends
The average property price in NN11 is £304,000, placing it slightly below the national average. Over the past decade, the district has seen annualised price growth of 3.3%, which is below the national pace of appreciation. Transaction activity has softened in the latest year, with 559 sales recorded compared to a 10-year average of 676 per year.
Rent & Yield Trends
Average monthly rent across the NN postcode area stands at £1,027, close to the national midpoint. Rental growth has been notably strong, with 10-year annualised increases of 4.6%—among the fastest in the country. The flat yield has risen to 6.6% in the latest period, up from a 10-year average of 5.5%, reflecting the strength of rental growth relative to purchase prices.
Income & Affordability Trends
Average household income in NN11 is £39,434, slightly above the national median. The price-to-income ratio has risen to 8.4x from 8.1x in 2016, indicating that property has become modestly less affordable relative to earnings. The rent-to-income ratio has also widened, from 26.6% in 2016 to 28% today, suggesting rental costs now consume a larger share of household budgets.
Resident Demographic Profile
The age profile is broadly balanced, though the 50–64 bracket is slightly more prominent than the national average at 20.8%. The district has a notably higher proportion of elementary occupations at 16%—well above the national norm of 10.2%—and correspondingly lower representation among professionals at 15%. Housing tenure shows a shift towards mortgaged ownership at 32.5%, compared to 27% nationally, with lower private rental penetration at 16.9%.
