At a Glance
Average Property Price - NP20
£233,402
22
National percentile
Average Monthly Rent - NP
£858
28
National percentile
Average Net Household Income - NP20
£32,981
19
National percentile
Flat / Maisonette Yield - NP
6.0%
71
National percentile
10-Year Annualised Price Growth - NP20
4.1%
69
National percentile
10-Year Annualised Rent Growth - NP
4.9%
94
National percentile
Property Price & Volume Trends
The latest average property price in NP20 is £233,000, placing it well below the national average and among the most affordable parts of the UK. Over the past decade, prices have grown at 4.1% annually, matching above-average growth nationally. Transaction activity has slowed, with 553 sales in the latest full year compared to an average of 707 over the previous ten years.
Rent & Yield Trends
Monthly rents in the broader NP area average £858, below the national midpoint. Rental growth has been notably strong, rising at 4.9% annually over ten years—among the fastest in the country. The flat yield currently stands at 6.0%, up from a 10-year average of 5.1%, reflecting an improving return for landlords.
Income & Affordability Trends
Average household income is £33,000, below the national median and among the lower quartile nationally. The price-to-income ratio of 6.6x has remained flat since 2016, meaning affordability for purchase has not deteriorated but shows no improvement. Rental affordability has edged slightly tighter: the rent-to-income ratio has risen from 23.1% to 24.1% over the same period.
Resident Demographic Profile
The population skews slightly younger than the national average, with 19.6% under 15 compared to 17.5% nationally. Social rented housing is notably more prevalent at 24.7%, well above the 16.5% national average, while outright ownership is correspondingly lower at 26.5%. The employment profile shows higher representation in elementary roles (13.7% vs 10.2% nationally) and caring professions (10.5% vs 9.2%), alongside lower managerial employment (8.5% vs 13.4%).