At a Glance
Average Property Price - YO32
£344,373
55
National percentile
Average Monthly Rent - YO
£999
49
National percentile
Average Net Household Income - YO32
£40,153
59
National percentile
Flat / Maisonette Yield - YO
6.0%
73
National percentile
10-Year Annualised Price Growth - YO32
2.5%
15
National percentile
10-Year Annualised Rent Growth - YO
3.6%
35
National percentile
Property Price & Volume Trends
The latest average property price in YO32 is £344,000, placing it around the middle of the national range. Over the past decade, prices have grown at 2.5% annually—among the slowest nationally—suggesting a relatively subdued market compared to stronger performing regions. Transaction activity has slowed in recent years, with 318 sales recorded in the latest full year against a 10-year average of 396, indicating a modest softening in market momentum.
Rent & Yield Trends
Average monthly rent in the broader YO postcode area stands at £999, close to the national median. Rental growth over the past decade has been moderate at 3.6% annually, slightly below the national pace. The flat yield has improved to 6.0% in the latest year, up from a 10-year average of 4.8%, reflecting stronger rental returns relative to capital values and suggesting an improving picture for buy-to-let investors.
Income & Affordability Trends
Average household income in the area is £40,153, modestly above the national average. However, affordability for buyers has tightened: the price-to-income ratio has risen from 7.9x in 2016 to 8.6x today, indicating that property has become less accessible relative to earnings. Rental affordability has remained stable, with rent-to-income ratios holding steady at around 27% of income.
Resident Demographic Profile
The population skews notably older than the national average, with over a quarter (26.3%) aged 65 and above compared to 19.6% nationally, and those aged 50–64 also overrepresented at 21.2%. Housing tenure is dominated by outright ownership at 46.3%—significantly higher than the 33.7% national average—reflecting a settled, mature resident base. Younger age groups are underrepresented, particularly 16–24-year-olds at 8.7% against a national 11.0%, suggesting limited appeal to students and early-career workers. The employment profile is broadly balanced, with professionals slightly elevated at 22%.