At a Glance
Average Property Price - NP8
£449,908
75
National percentile
Average Monthly Rent - NP
£858
28
National percentile
Average Net Household Income - NP8
£39,139
54
National percentile
Flat / Maisonette Yield - NP
6.0%
71
National percentile
10-Year Annualised Price Growth - NP8
5.5%
94
National percentile
10-Year Annualised Rent Growth - NP
4.9%
94
National percentile
Property Price & Volume Trends
The latest average property price in NP8 is £450,000, placing it among the most expensive nationally. Over the past decade, prices have grown at 5.5% per year—significantly faster than the UK average, ranking among the strongest performers nationally. Transaction activity has slowed in the latest year, with 46 sales against a ten-year average of 64, suggesting a more cautious market.
Rent & Yield Trends
Average monthly rent in the broader NP postcode area stands at £858, well below the national average. Rents have grown at 4.9% annually over ten years—among the fastest growth rates in the country. The current flat yield of 6.0% is notably above its ten-year average of 5.1%, indicating improved rental returns in recent months.
Income & Affordability Trends
Household income in NP8 is close to the national average at £39,139. The price-to-income ratio of 11.0x has widened since 2016 (9.6x), reflecting that property has become less affordable on local incomes. Rental affordability has also tightened slightly; the rent-to-income ratio has risen from 23.1% to 24.1%, indicating that rental costs now take up a marginally larger share of household income.
Resident Demographic Profile
NP8 has a notably older population: over half (57%) are aged 50 or above, with those 65+ comprising a third of residents—far above the national average of 20%. Conversely, younger adults are significantly underrepresented; those aged 16–34 make up just 15% of the population, against a national share of 24%. Housing is dominated by outright ownership at 52%, double the national average, while private renting is well below the national norm at 14%. The employment profile skews towards trades (15%) and managers (17%), slightly above national levels, suggesting a mix of skilled manual work and professional roles.