At a Glance
Average Property Price - NR30
£196,281
11
National percentile
Average Monthly Rent - NR
£920
37
National percentile
Average Net Household Income - NR30
£29,629
7
National percentile
Flat / Maisonette Yield - NR
5.4%
40
National percentile
10-Year Annualised Price Growth - NR30
3.9%
62
National percentile
10-Year Annualised Rent Growth - NR
4.4%
81
National percentile
Property Price & Volume Trends
The latest average property price in NR30 is £196,000, placing it among the cheapest nationally. Over the past decade, prices have grown at 3.9% annually, slightly above the national median rate. Transaction activity reached 356 sales in the latest full year, below the 10-year average of 436, suggesting a softer market.
Rent & Yield Trends
Average monthly rent stands at £920, below the national average. Rent growth over the past decade has been strong at 4.4% annually, among the fastest nationally. Flat yield has improved notably to 5.4%, above its 10-year average of 4.3%, reflecting favourable returns for buy-to-let investors.
Income & Affordability Trends
Average net household income is £29,629, significantly below the national average. The price-to-income ratio has deteriorated to 6.4x from 5.4x in 2016, indicating reduced purchase affordability over the past eight years. Rental affordability has also weakened, with rent consuming 26.2% of income compared to 21.6% in 2016.
Resident Demographic Profile
The population skews slightly older than average, with those aged 50–64 representing 20.1% and those 65+ comprising 19.1%. Housing tenure reveals a notably high private rental share at 35.5%, more than half again above the national average, alongside above-average social renting at 21.4%. Employment is heavily weighted towards elementary occupations (19.7%) and plant or machine work (16.1%), both well above national norms, while professional roles at 7.7% are substantially underrepresented.