At a Glance
Average Property Price - YO11
£189,171
10
National percentile
Average Monthly Rent - YO
£999
49
National percentile
Average Net Household Income - YO11
£28,256
5
National percentile
Flat / Maisonette Yield - YO
6.0%
73
National percentile
10-Year Annualised Price Growth - YO11
2.8%
22
National percentile
10-Year Annualised Rent Growth - YO
3.6%
35
National percentile
Property Price & Volume Trends
The average property price in YO11 stands at £189,000, placing it among the cheapest areas nationally. Over the past decade, prices have grown at 2.8% per year—significantly below the national average rate. Transaction activity has declined: 393 sales were recorded in the latest year, down from a 10-year annual average of 521, suggesting a softer market.
Rent & Yield Trends
Average monthly rent of £999 sits squarely at the national midpoint, indicating typical rental costs for the region. Rental growth over 10 years has been 3.6% annually, moderately below the national pace. The flat yield currently stands at 6.0%, well above its 10-year average of 4.8%, reflecting a improving returns for landlords in recent periods.
Income & Affordability Trends
Average household income of £28,256 is well below the national average, placing the area among the lowest-earning regions in the UK. This low income base has made property purchase less affordable: the price-to-income ratio has risen from 5.7x in 2016 to 6.8x today, an unhelpful shift. Rental affordability has remained essentially flat over the same period, at roughly 27% of income.
Resident Demographic Profile
The population is notably older than average, with over half aged 50 or above; those 65 and over make up nearly a quarter compared to the national fifth. The under-15 share is measurably lower at 14%. Private renting is unusually prevalent at 37%, nearly three-quarters higher than the national average, while mortgage-holding is significantly lower. The employment mix is skewed toward trades workers (15%) and elementary occupations (14%), whilst professional roles (12%) are underrepresented.