At a Glance
Average Property Price - NN7
£411,786
69
National percentile
Average Monthly Rent - NN
£1,027
52
National percentile
Average Net Household Income - NN7
£42,924
69
National percentile
Flat / Maisonette Yield - NN
6.6%
96
National percentile
10-Year Annualised Price Growth - NN7
2.6%
18
National percentile
10-Year Annualised Rent Growth - NN
4.6%
86
National percentile
Property Price & Volume Trends
The latest average property price in NN7 is £412,000, placing it among the more expensive areas nationally. However, the district has seen only modest price growth over the past decade, with annual appreciation of 2.6% — significantly below the national average. Transaction activity has softened in recent years, with 379 sales in the latest full year compared to a 10-year average of 455, suggesting a tightening market.
Rent & Yield Trends
The broader NN postcode area has rents around £1,027 per month, which is broadly in line with the national median. Rental growth has been notably strong, however, with annual increases of 4.6% over the past decade — well above the national average. The flat yield currently stands at 6.6%, up from a 10-year average of 5.5%, indicating an improving outlook for rental returns.
Income & Affordability Trends
Average household income in NN7 is £42,924, placing the area in the upper third nationally. The current price-to-income ratio of 9.3x is nearly unchanged from 2016 (9.4x), suggesting purchase affordability has remained stable over that period. However, rental affordability has moved in the opposite direction: the rent-to-income ratio has risen from 26.6% to 28%, indicating that renters are spending a greater share of earnings on housing.
Resident Demographic Profile
The age profile is relatively balanced but with notably fewer people aged 16–24 (8.9%) than the national average, reflecting a loss of younger adults to larger employment centres. The housing tenure mix shows a stronger prevalence of mortgage ownership (33.5% against a national 27.0%) and correspondingly lower private renting (16.4% vs 21.7% nationally), suggesting a family-oriented, owner-occupied character. The employment profile is anchored by a higher proportion of managers (16.1% versus 13.4% nationally) and a above-average share of elementary workers (11.6% against 10.2%), with notably low representation in caring and sales roles.