At a Glance
Average Property Price - WN7
£200,736
12
National percentile
Average Monthly Rent - WN
£734
15
National percentile
Average Net Household Income - WN7
£31,374
11
National percentile
Flat / Maisonette Yield - WN
6.3%
92
National percentile
10-Year Annualised Price Growth - WN7
5.6%
94
National percentile
10-Year Annualised Rent Growth - WN
4.3%
73
National percentile
Property Price & Volume Trends
The average property price of £201,000 is well below the national average, placing it among the cheapest areas nationally. Over the past decade, prices have grown at 5.6% per year—significantly faster than the national trend, demonstrating resilience and steady appreciation. Transaction activity has declined from its 10-year average of 794 sales per year to 540 in the latest full year, suggesting a softer market compared to historical norms.
Rent & Yield Trends
Average monthly rent of £734 is below the national average, making this an accessible market for tenants. Rental growth has been moderate at 4.3% per year, slightly above the national pace. The flat yield of 6.3% is noticeably higher than the 10-year average of 5.8%, indicating improving returns for landlords and an increasingly attractive proposition for buy-to-let investors.
Income & Affordability Trends
Average household income of £31,374 is substantially below the national average, reflecting the area's working-class character. The price-to-income ratio of 5.8x has deteriorated since 2016 (when it stood at 4.9x), meaning homes have become less affordable relative to local earnings despite low absolute prices. Rental affordability has remained essentially flat, with the rent-to-income ratio holding steady at around 21.6%, suggesting rents and incomes have moved in tandem.
Resident Demographic Profile
The age profile is fairly balanced, though those aged 16–24 are noticeably underrepresented at 9.4% compared to the national average of 11.0%, suggesting limited appeal to younger adults. Employment is heavily skewed towards elementary and caring roles—elementary work at 12.2% and caring at 11.0% are both well above national averages—while professional and managerial roles are significantly underrepresented. Housing tenure shows slightly higher mortgage ownership (29.2% vs 27.0% nationally) and elevated social rented housing (18.2% vs 16.5% nationally), consistent with an economically modest, family-oriented neighbourhood.