At a Glance
Average Property Price - WN8
£213,733
16
National percentile
Average Monthly Rent - WN
£734
15
National percentile
Average Net Household Income - WN8
£33,099
20
National percentile
Flat / Maisonette Yield - WN
6.3%
92
National percentile
10-Year Annualised Price Growth - WN8
3.5%
47
National percentile
10-Year Annualised Rent Growth - WN
4.3%
73
National percentile
Property Price & Volume Trends
The latest average property price in WN8 is £214,000, placing it among the cheapest nationally. Over the past decade, prices have grown by 3.5% annually, in line with the national pace. Transaction activity has slowed: 437 sales occurred in the latest full year, compared to an average of 550 over the preceding ten years.
Rent & Yield Trends
Average monthly rent in the WN postcode area is £734, substantially below the national average. Rents have grown by 4.3% annually over ten years—well above the national rate—reflecting stronger demand in this affordable market. Flat yield currently stands at 6.3%, up from a ten-year average of 5.8%, indicating an improving return for landlords.
Income & Affordability Trends
Average net household income is £33,099, below the national average. The price-to-income ratio of 6.3x has worsened since 2016 (when it stood at 6.0x), suggesting that housing affordability has tightened modestly despite low prices. Rental affordability is stable: rent consumes 21.6% of household income today, almost unchanged from 21.5% in 2016.
Resident Demographic Profile
The population skews slightly older, with 20.6% aged 50–64 and only 12.3% aged 25–34, suggesting limited young-adult in-migration. Social rented housing is notably elevated at 23.8% against the national average of 16.5%, reflecting the area's socio-economic profile. The employment mix is heavily weighted towards elementary occupations (15.7%) and plant/machine operatives (11.2%), both well above national norms, with professionals underrepresented at 14.1%.