At a Glance
Average Property Price - NR19
£253,415
29
National percentile
Average Monthly Rent - NR
£920
37
National percentile
Average Net Household Income - NR19
£35,188
32
National percentile
Flat / Maisonette Yield - NR
5.4%
40
National percentile
10-Year Annualised Price Growth - NR19
3.3%
38
National percentile
10-Year Annualised Rent Growth - NR
4.4%
81
National percentile
Property Price & Volume Trends
The latest average property price in NR19 is £253,000, placing it below the national average. Over the past decade, prices have grown at 3.3% per year—a slower pace than the national average. Transaction activity has softened: 269 sales were recorded in the latest full year, down from a 10-year average of 345 annually.
Rent & Yield Trends
Average monthly rent in the broader NR postcode area stands at £920, below the national mid-point. Rent growth over the past decade has been notably strong at 4.4% per year, significantly outpacing the national average. The current flat yield of 5.4% is a welcome uplift from its 10-year average of 4.3%, reflecting improved investor returns in recent years.
Income & Affordability Trends
Average net household income is £35,188, below the national average. The price-to-income ratio of 7.4x indicates that property remains broadly affordable relative to local earnings, though this has worsened from 6.4x in 2016. Rental affordability has declined: tenants now spend 26.2% of income on rent compared to 21.6% a decade ago.
Resident Demographic Profile
The population skews notably older than average, with over a quarter aged 65 or over—well above the national figure of 19.6%—while young adults aged 16–24 are underrepresented at 9.2%. Housing tenure is marked by a higher proportion of outright ownership at 38.4%, reflecting the older age profile. The employment mix shows particular strength in trades (13.4%) and caring roles (13.4%), both above national levels, while professional occupations are proportionally fewer at 12.2%.
