At a Glance
Average Property Price - YO18
£309,007
45
National percentile
Average Monthly Rent - YO
£999
49
National percentile
Average Net Household Income - YO18
£33,834
24
National percentile
Flat / Maisonette Yield - YO
6.0%
73
National percentile
10-Year Annualised Price Growth - YO18
3.7%
56
National percentile
10-Year Annualised Rent Growth - YO
3.6%
35
National percentile
Property Price & Volume Trends
The latest average property price in YO18 is £309,000, which sits close to the national midpoint. Over the past decade, prices have grown at 3.7% per year—a pace slightly above the national average. Transaction activity has softened: 189 sales were recorded in the latest full year, down from a 10-year average of 240 per year.
Rent & Yield Trends
Average monthly rent across the broader YO postcode area stands at £999, around the national median. Rental growth has lagged nationally, expanding at 3.6% per year over the decade. The flat yield has improved markedly, now standing at 6.0% compared to a 10-year average of 4.8%, reflecting a strengthening rental income relative to capital values.
Income & Affordability Trends
Average net household income in YO18 is £33,834, notably below the national average. The price-to-income ratio has risen to 9.3x from 8.6x in 2016, indicating that purchasing power has weakened relative to asking prices. Rental affordability has remained stable: renters spend 27.4% of income on rent today versus 27.5% a decade ago.
Resident Demographic Profile
The population is markedly older than average, with over a third aged 65 or above (compared to 19.6% nationally) and only 7.2% aged 16–24 (against 11.0% nationally). Owner-occupation is strong: half of all homes are owned outright, well above the national figure of 33.7%. The employment mix is skewed towards skilled trades (17.8% versus 10.5% nationally), reflecting the area's rural and agricultural character, while professional roles are proportionally underrepresented at 15.2%.