At a Glance
Average Property Price - NN15
£293,160
40
National percentile
Average Monthly Rent - NN
£1,027
52
National percentile
Average Net Household Income - NN15
£29,380
6
National percentile
Flat / Maisonette Yield - NN
6.6%
96
National percentile
10-Year Annualised Price Growth - NN15
3.9%
64
National percentile
10-Year Annualised Rent Growth - NN
4.6%
86
National percentile
Property Price & Volume Trends
The latest average property price in NN15 is £293,000, around the national midpoint. Over the past decade, prices have grown at 3.9% annually—notably faster than the national average, reflecting solid but not exceptional capital appreciation. However, transaction activity has declined: 596 sales were recorded in the latest full year, compared to an average of 798 annually over the preceding ten years.
Rent & Yield Trends
Average monthly rent across the NN postcode area stands at £1,027, in line with the national median. Rental growth has been particularly strong: 10-year annualised growth of 4.6% significantly outpaces the national trend. The flat yield currently stands at 6.6%, up from a 10-year average of 5.5%, indicating improving returns for buy-to-let investors.
Income & Affordability Trends
Net household income averages £29,380, well below the national mean and among the lowest across UK postcodes. Purchase affordability has deteriorated markedly: the price-to-income ratio has risen from 7.0x in 2016 to 10.1x today, reflecting that property prices have grown much faster than local earnings. Rental affordability has also slipped slightly, with the rent-to-income ratio rising from 26.6% to 28%, leaving less disposable income for renters.
Resident Demographic Profile
The area has a slightly elevated proportion of under-15s (19.2% vs 17.5% nationally) and a notably stronger presence in the 35–49 age band (20.2% vs 18.7%), suggesting a family-oriented demographic. The 16–24 cohort is underrepresented at 9.3%. Housing tenure is more balanced than nationally: mortgage-backed ownership (32.1%) exceeds outright ownership (31.9%), reflecting a younger population structure. Elementary occupations are notably above average at 12.4%, and plant/machine roles are elevated at 8.4%, indicating a slightly more trade and manual-labour-oriented employment profile than the national average.