At a Glance
Average Property Price - NN5
£277,585
36
National percentile
Average Monthly Rent - NN
£1,027
52
National percentile
Average Net Household Income - NN5
£28,645
5
National percentile
Flat / Maisonette Yield - NN
6.6%
96
National percentile
10-Year Annualised Price Growth - NN5
3.3%
40
National percentile
10-Year Annualised Rent Growth - NN
4.6%
86
National percentile
Property Price & Volume Trends
The average property price in NN5 is £278,000, placing it below the national average. Over the past decade, prices have grown at 3.3% annually—a pace slower than the national trend. Transaction activity has declined notably, with 556 sales in the latest full year compared to an average of 746 annually over the previous ten years.
Rent & Yield Trends
Average rents in the broader NN postcode area stand at £1,027 per month, in line with the national median. Rental growth has outpaced the national average significantly, rising 4.6% annually over ten years. The flat yield currently stands at 6.6%, a marked improvement on the ten-year average of 5.5%, reflecting stronger investor returns in recent years.
Income & Affordability Trends
Average household income of £29,000 is well below the national average, placing the area among the lowest-income neighbourhoods nationally. The price-to-income ratio has deteriorated considerably, rising from 7.2x in 2016 to 9.4x today, making property purchase increasingly challenging for local buyers. Rental affordability has also worsened, with rents consuming 28% of income compared to 26.6% in 2016.
Resident Demographic Profile
NN5 has a notably younger population profile, with 20.3% of residents under 15—above the national average of 17.5%—and a larger working-age cohort aged 35–49 at 21.6%. The area stands out for high private rental tenure at 26.2%, well above the national average of 21.7%, and substantial social rented housing at 24.3% compared to 16.5% nationally. The employment profile is distinctive for a large elementary skills workforce at 22.7%—more than double the national average of 10.2%—and above-average representation in plant and machine operation and trades.