At a Glance
Average Property Price - NR25
£443,180
74
National percentile
Average Monthly Rent - NR
£920
37
National percentile
Average Net Household Income - NR25
£37,010
44
National percentile
Flat / Maisonette Yield - NR
5.4%
40
National percentile
10-Year Annualised Price Growth - NR25
2.4%
15
National percentile
10-Year Annualised Rent Growth - NR
4.4%
81
National percentile
Property Price & Volume Trends
The latest average property price in NR25 is £443,000, placing it among the more expensive areas nationally. However, 10-year annualised growth has been modest at 2.4%, well below the national average. Transaction activity has softened notably, with 151 sales in the latest year compared to a 10-year average of 222 annually.
Rent & Yield Trends
Average monthly rent in the broader NR area is £920, below the national midpoint. Rental growth has been robust over the past decade at 4.4% annually, significantly outpacing the national rate. The flat yield currently stands at 5.4%, up from a 10-year average of 4.3%, reflecting improved returns for landlords.
Income & Affordability Trends
Average household income of £37,010 sits slightly below the national median. The price-to-income ratio of 14.2x has risen materially since 2016 (when it stood at 10.8x), indicating that properties have become less affordable relative to local earnings. Rental affordability has similarly tightened, with the rent-to-income ratio climbing from 21.6% to 26.2% over the same period.
Resident Demographic Profile
NR25 has a distinctly mature population: those aged 65 and over account for 39.3% of residents, nearly double the national average of 19.6%. Conversely, younger age groups are notably underrepresented, with under-15s at 12.9% and 16–24s at just 6.9%. Housing tenure is dominated by outright ownership at 53.3%, far above the national norm of 33.7%, whilst mortgage-holding and private renting are both significantly below average. The employment mix is skewed towards trades (17.1%), with caring professions also prominent at 10.8%.