At a Glance
Average Property Price - YO31
£320,471
48
National percentile
Average Monthly Rent - YO
£999
49
National percentile
Average Net Household Income - YO31
£37,603
47
National percentile
Flat / Maisonette Yield - YO
6.0%
73
National percentile
10-Year Annualised Price Growth - YO31
3.6%
52
National percentile
10-Year Annualised Rent Growth - YO
3.6%
35
National percentile
Property Price & Volume Trends
The average property price in YO31 is £320,471, close to the national average. Over the past decade, prices have grown at 3.6% annually—broadly in line with the national trend. Transaction activity has slowed: 348 sales were recorded in the latest full year, down from a 10-year average of 463 per year.
Rent & Yield Trends
Average monthly rent stands at £999, slightly below the national midpoint. Rental growth over the past decade has been 3.6% per year, which is below the pace seen nationally. The flat yield has improved noticeably: it now stands at 6.0%, up from a 10-year average of 4.8%, reflecting better returns for buy-to-let investors.
Income & Affordability Trends
Household income in YO31 averages £37,603, just below the national midpoint. The price-to-income ratio has risen to 8.5x from 7.9x in 2016, indicating that property has become less affordable relative to earnings. Rental affordability has remained stable: the rent-to-income ratio stands at 27.4%, almost unchanged from 27.5% a decade ago.
Resident Demographic Profile
The area has a notably younger profile than the nation: 16–24-year-olds comprise one-fifth of the population, well above the national average, reflecting York's status as a university city. Young professionals (25–34) are also overrepresented. Private renting is more common here (26.4%) than nationally, while outright ownership is slightly less prevalent. The workforce skews professional, with 23.4% in professional occupations—notably higher than the national average—alongside elevated representation in sales and elementary roles.