At a Glance
Average Property Price - NP11
£186,152
9
National percentile
Average Monthly Rent - NP
£858
28
National percentile
Average Net Household Income - NP11
£32,964
19
National percentile
Flat / Maisonette Yield - NP
6.0%
71
National percentile
10-Year Annualised Price Growth - NP11
5.7%
95
National percentile
10-Year Annualised Rent Growth - NP
4.9%
94
National percentile
Property Price & Volume Trends
The average property price of £186,152 is among the cheapest in the UK nationally. The area has experienced notably strong price growth over the past decade, with 10-year annualised growth of 5.7%—among the fastest across the country. Transaction activity has moderated from historical levels, with 384 sales in the latest year compared to a 10-year average of 493 annually.
Rent & Yield Trends
Average monthly rent of £858 sits below the national median. Rental growth has been robust, rising at 4.9% per year over the past decade—among the fastest growth nationally. The flat yield stands at 6.0%, notably higher than its 10-year average of 5.1%, reflecting improving returns for landlords in the area.
Income & Affordability Trends
Average net household income of £33,000 is below the national average. Property affordability has become tighter: the price-to-income ratio has risen from 4.2x in 2016 to 5.3x today, indicating house prices have grown faster than incomes. Rental affordability has similarly deteriorated, with rent consuming 24.1% of income compared to 23.1% a decade ago.
Resident Demographic Profile
The population skews slightly older, with residents aged 50–64 representing 21.2% of the population versus the national average of 19.8%. Outright home ownership is notably strong at 36.9%, well above the national average of 33.7%, while private rented tenure at 14.3% is significantly below the national level of 21.7%. Employment is more concentrated in trades (11.5% versus 10.5% nationally) and plant/machine operation (11.9% versus 6.6%), reflecting a more working-class demographic, while professional employment at 14.4% is below the national average of 20.5%.