At a Glance
Average Property Price - NR10
£329,810
51
National percentile
Average Monthly Rent - NR
£920
37
National percentile
Average Net Household Income - NR10
£38,549
52
National percentile
Flat / Maisonette Yield - NR
5.4%
40
National percentile
10-Year Annualised Price Growth - NR10
3.7%
57
National percentile
10-Year Annualised Rent Growth - NR
4.4%
81
National percentile
Property Price & Volume Trends
The latest average property price in NR10 is £330,000, around the national midpoint. Over the past decade, prices have grown at 3.7% annually, slightly above the national average pace. Transaction activity has slowed in recent years, with 256 sales in the latest full year against a 10-year average of 351—a decline of about 27%.
Rent & Yield Trends
Average monthly rent stands at £920, below the national average. Rents have grown substantially over the past decade at 4.4% per year, well above the national rate and among the strongest nationally. Flat yield has improved markedly, rising to 5.4% from a 10-year average of 4.3%, reflecting improving rental returns.
Income & Affordability Trends
Average household net income is £38,549, in line with the national average. Purchase affordability has deteriorated: the price-to-income ratio has risen from 7.3x in 2016 to 8.9x today, meaning it now takes significantly longer for a typical household to save for a property. Rental affordability has also weakened, with the rent-to-income ratio climbing from 21.6% to 26.2% over the same period.
Resident Demographic Profile
The population is notably older, with over a quarter aged 65 and above—well above the national average of 19.6%—and 23% aged 50–64, reflecting a mature demographic profile. Young adults aged 16–24 are underrepresented at 8.3%, less than three-quarters of the national share. Housing tenure is heavily weighted towards outright ownership at 44.5%, significantly higher than the national average of 33.7%, whilst private rental is correspondingly low at 14.8%. Employment is marked by a strong trades presence at 14.7%, above the national average, and a notably elevated caring sector at 10%, reflecting the older population.