At a Glance
Average Property Price - NN9
£276,299
35
National percentile
Average Monthly Rent - NN
£1,027
52
National percentile
Average Net Household Income - NN9
£36,703
42
National percentile
Flat / Maisonette Yield - NN
6.6%
96
National percentile
10-Year Annualised Price Growth - NN9
4.2%
72
National percentile
10-Year Annualised Rent Growth - NN
4.6%
86
National percentile
Property Price & Volume Trends
The latest average property price in NN9 is £276,000—below the national average. Despite this lower absolute price level, the area has experienced notably strong price growth over the past decade, with annualised gains of 4.2% placing it well above the national trend. Transaction activity has moderated; 409 sales in the latest full year fell short of the 10-year average of 529, suggesting a recent softening in buyer activity.
Rent & Yield Trends
Average monthly rent in the broader NN postcode stands at £1,027, close to the national midpoint. Rental growth has been strong, rising 4.6% annually over the past decade—among the fastest in the country. The flat yield currently stands at 6.6%, a meaningful improvement on the 10-year average of 5.5%, indicating that rental income has outpaced property price appreciation in recent years.
Income & Affordability Trends
Average household income of £36,703 is slightly below the national average. The price-to-income ratio of 7.4x has deteriorated since 2016, when it stood at 6.7x, reflecting that property prices have risen faster than earnings. Rental affordability has also tightened: the rent-to-income ratio has risen from 26.6% to 28%, placing growing pressure on tenants' budgets.
Resident Demographic Profile
The population skews notably older than national averages, with 20.8% aged 65 and above compared to 19.6% nationally, while those aged 16–24 are underrepresented at 8.8% versus 11.0%. Housing tenure reveals a strong owner-occupation base: 35.0% own with a mortgage and 35.1% own outright, leaving a smaller private rented sector at 16.1%. The employment mix is relatively evenly spread, though professionals are slightly underrepresented at 15.8% versus 20.5% nationally, whilst elementary and plant/machine roles are marginally above the national norm.