At a Glance
Average Property Price - NP7
£350,538
56
National percentile
Average Monthly Rent - NP
£858
28
National percentile
Average Net Household Income - NP7
£36,456
40
National percentile
Flat / Maisonette Yield - NP
6.0%
71
National percentile
10-Year Annualised Price Growth - NP7
4.0%
65
National percentile
10-Year Annualised Rent Growth - NP
4.9%
94
National percentile
Property Price & Volume Trends
The average property price in NP7 is £351,000, placing it just above the national middle ground. Over the past decade, prices have grown at 4.0% annually, a rate slightly above the national average, reflecting steady demand in the area. Transaction volumes have eased, with 331 sales last year compared to a 10-year average of 405—a decline that mirrors softer activity across the wider market.
Rent & Yield Trends
Average monthly rents of £858 sit well below the national average, making the area notably affordable for tenants. Rental growth has been strong over the past decade at 4.9% annually, significantly outpacing national trends and reflecting rising tenant demand. Flat yields now stand at 6.0%, above the 10-year average of 5.1%, suggesting improved returns for landlords despite modest absolute rent levels.
Income & Affordability Trends
Average household income of £36,456 is below the national median, placing the area in the lower-middle income bracket. The price-to-income ratio of 8.8x has worsened slightly since 2016 (8.1x), indicating that property purchases require a larger multiple of household earnings than a decade ago. Rental affordability has also tightened: rents now consume 24.1% of household income, up from 23.1% in 2016, though this remains manageable.
Resident Demographic Profile
The population is notably older than the national average, with nearly 29% aged 65 and over compared to the national figure of 19.6%, and just 14.5% under 15 against a national average of 17.5%. Housing tenure is dominated by outright ownership at 47.4%, well above the national average of 33.7%, reflecting a settled, established population with low mortgage dependence. The workforce skews toward professional and managerial roles (38.5% combined), above national proportions, while younger age groups and younger-career trades are underrepresented.