At a Glance
Average Property Price - YO19
£398,978
66
National percentile
Average Monthly Rent - YO
£999
49
National percentile
Average Net Household Income - YO19
£43,024
70
National percentile
Flat / Maisonette Yield - YO
6.0%
73
National percentile
10-Year Annualised Price Growth - YO19
2.8%
23
National percentile
10-Year Annualised Rent Growth - YO
3.6%
35
National percentile
Property Price & Volume Trends
The latest average property price of £399,000 sits above the national median, positioning YO19 among the more expensive districts nationally. However, growth has lagged significantly: the 10-year annualised increase of 2.8% is well below the national average, reflecting slower price appreciation in this more rural market. Transaction activity has softened recently, with 161 sales in the latest year compared to a 10-year average of 207 annually, suggesting a moderating market.
Rent & Yield Trends
The average monthly rent of £999 is broadly in line with national levels. Rental growth over the past decade has been moderate at 3.6% per year, slightly below the national average. The flat yield of 6.0% represents a noticeable improvement from the 10-year average of 4.8%, indicating that rental income relative to property values has strengthened in recent years.
Income & Affordability Trends
Household incomes average £43,024, placing YO19 above the national middle point. However, affordability has tightened: the price-to-income ratio has risen from 8.1x in 2016 to 9.3x today, making property purchase harder relative to earnings. Rental affordability has remained stable, with the rent-to-income ratio holding steady at around 27% of gross household income.
Resident Demographic Profile
The population skews notably older, with 20.1% aged 65 and above compared to the national average of 19.6%, and a notably higher proportion of young adults aged 16–24 at 20.8% versus the national 11.0%. Housing tenure shows strong owner-occupation, with 40.8% owning outright (well above the national 33.7%) and 31.9% with mortgages. The workforce is heavily weighted towards professionals at 24.4%, significantly above the national 20.5%, alongside above-average rates of managers and technical workers, suggesting a relatively affluent and educated population.