At a Glance
Average Property Price - YO15
£215,806
16
National percentile
Average Monthly Rent - YO
£999
49
National percentile
Average Net Household Income - YO15
£27,584
4
National percentile
Flat / Maisonette Yield - YO
6.0%
73
National percentile
10-Year Annualised Price Growth - YO15
3.9%
64
National percentile
10-Year Annualised Rent Growth - YO
3.6%
35
National percentile
Property Price & Volume Trends
The average property price in YO15 is £216,000, placing it among the cheapest areas nationally. Over the past decade, prices have grown at 3.9% annually, a rate close to the national average. Transaction activity last year totalled 259 sales, slightly below the 10-year average of 273 deals per year.
Rent & Yield Trends
Average monthly rent stands at £999, close to the national midpoint. Over ten years, rents have grown at 3.6% annually, slower than the national average. The flat yield has strengthened to 6.0%, up from a 10-year average of 4.8%, indicating improving returns for landlords.
Income & Affordability Trends
Average household income is £27,584, well below the national average. The price-to-income ratio has risen to 7.8x from 6.3x in 2016, signalling that property has become less affordable for local earners. Rental affordability has remained stable, with rent-to-income holding at 27.4% against 27.5% a decade ago.
Resident Demographic Profile
The population is significantly older than average, with over-65s representing 31% of residents compared to 20% nationally, and the 50–64 age group accounting for 24% against a national average of 20%. Conversely, young adults aged 16–24 are underrepresented at 7.8% versus 11% nationally. Housing tenure is distinctive: outright ownership is elevated at 42% against 34% nationally, while private renting is high at 31% compared to 22% nationally, reflecting both retiree homeowners and transient visitor populations. The workforce skews towards trades (15%), elementary roles (15%), and caring professions (14%), with notably fewer professionals (10%) than the national average of 21%.