At a Glance
Average Property Price - NN18
£229,997
21
National percentile
Average Monthly Rent - NN
£1,027
52
National percentile
Average Net Household Income - NN18
£37,655
47
National percentile
Flat / Maisonette Yield - NN
6.6%
96
National percentile
10-Year Annualised Price Growth - NN18
4.1%
69
National percentile
10-Year Annualised Rent Growth - NN
4.6%
86
National percentile
Property Price & Volume Trends
The average property price of £230,000 sits below the national median, placing it among the more affordable districts nationally. Over the past decade, prices have grown at 4.1% annually—a solid pace that matches the broader national trend. Transaction activity has slowed notably: 371 sales in the latest year against a 10-year average of 544 annually, suggesting a more subdued market.
Rent & Yield Trends
Average monthly rent of £1,027 sits close to the national mid-point, neither notably expensive nor cheap. Rents have climbed 4.6% per year over ten years—well above the national average and among the stronger growth performers. The flat yield of 6.6% has improved considerably from its 10-year average of 5.5%, reflecting the rental growth momentum and offering investors an increasingly attractive return.
Income & Affordability Trends
Average household income of £37,655 is slightly below the national average. The price-to-income ratio of 6.5x has worsened since 2016 (when it stood at 5.7x), indicating purchase affordability has tightened. Rental affordability has also deteriorated: renters now spend 28% of income on rent, up from 26.6% in 2016, though this remains a manageable proportion.
Resident Demographic Profile
The area skews noticeably younger in family years: those aged 35–49 represent nearly 22% of the population (above the national 18.7%), and under-15s at 22.2% are markedly above the national 17.5%. Mortgage ownership is strong at 35.3%, well above the national 27%, while outright ownership is below average. The employment profile is heavily weighted towards elementary occupations (21.6% versus the national 10.2%) and plant/machine operatives (13.9% versus 6.6%), suggesting a working-class economic base, though professional employment is below the national average at 11.6%.