At a Glance
Average Property Price - WN6
£237,754
24
National percentile
Average Monthly Rent - WN
£734
15
National percentile
Average Net Household Income - WN6
£36,831
43
National percentile
Flat / Maisonette Yield - WN
6.3%
92
National percentile
10-Year Annualised Price Growth - WN6
3.5%
46
National percentile
10-Year Annualised Rent Growth - WN
4.3%
73
National percentile
Property Price & Volume Trends
The current average price of £238,000 sits below the national average. Ten-year annualised growth of 3.5% per cent is broadly in line with the national trend. Transaction activity has declined notably: 521 sales in the latest full year represents a 27 per cent drop from the ten-year annual average of 710, suggesting a softer market.
Rent & Yield Trends
Monthly rents of £734 are well below the national average, placing the area among the most affordable for tenants. Rental growth over the past decade has been notably strong at 4.3 per cent per year, outpacing national trends. The current flat yield of 6.3 per cent has edged upwards from the ten-year average of 5.8 per cent, reflecting a tightening rental market and improving returns for investors.
Income & Affordability Trends
Average household income of £36,831 is close to the national median. Purchase affordability has tightened: the price-to-income ratio has risen from 5.5x in 2016 to 6.2x today, indicating that property prices have grown faster than local earnings. Rental affordability remains stable at 21.6 per cent of income, virtually unchanged since 2016.
Resident Demographic Profile
The population skews slightly older than national average, with 21.6 per cent aged 50–64 and 21.3 per cent aged 65 and over, compared to respective national figures of 19.8 per cent and 19.6 per cent. Housing tenure reflects a stronger preference for outright ownership at 40.7 per cent—well above the national average of 33.7 per cent—and correspondingly lower reliance on private renting at 14.6 per cent versus the national 21.7 per cent. The employment profile is broadly consistent with national patterns, with a slightly elevated share of professionals at 21.4 per cent.