At a Glance
Average Property Price - WN5
£207,514
14
National percentile
Average Monthly Rent - WN
£734
15
National percentile
Average Net Household Income - WN5
£32,124
15
National percentile
Flat / Maisonette Yield - WN
6.3%
92
National percentile
10-Year Annualised Price Growth - WN5
4.2%
72
National percentile
10-Year Annualised Rent Growth - WN
4.3%
73
National percentile
Property Price & Volume Trends
The average property price in WN5 stands at £208,000, placing it well below the national average and among the least expensive areas nationally. Over the past decade, prices have grown at 4.2% annually—a pace above the national average and reflecting steadier appreciation than most comparable regions. Transaction activity has moderated recently, with 435 sales recorded in the latest full year against a 10-year average of 546, indicating softer but not atypical market momentum.
Rent & Yield Trends
Private rents in the broader WN area average £734 per month, substantially below the national average and among the cheapest locations for renters. Rental growth over ten years has averaged 4.3% annually, above the national rate and suggesting steady upward pressure. The flat yield stands at 6.3%, above its 10-year average of 5.8%, indicating improved returns for investors and a market tilted toward rental income.
Income & Affordability Trends
Average net household income is £32,124, notably below the national average and among the lowest regionally. The price-to-income ratio has drifted slightly unfavourably, rising from 5.4x in 2016 to 5.7x today, reflecting modest tightening in purchase affordability despite relatively low absolute prices. Rental affordability has remained essentially flat, with the rent-to-income ratio holding steady at 21.6% versus 21.5% in 2016.
Resident Demographic Profile
The age profile is slightly older than the national average, with those aged 50–64 and 65+ together representing 40.4% of the population compared to the national share of 39.4%. Housing tenure shows above-average rates of outright ownership at 34% and notably elevated social rented housing at 20.7% versus the national 16.5%, alongside below-average private renting. The employment mix diverges markedly, with below-average representation among professionals and managers but elevated shares in elementary roles and plant/machine operation, reflecting a more manually oriented workforce.