Property trends for YO41

    YO41 covers the southern reaches of the East Riding of Yorkshire, including the market town of Beverley and surrounding rural areas. It is a mixed residential and agricultural district with a blend of period market-town character and newer suburban development.

    At a Glance

    Average Property Price - YO41

    £361,603

    60

    National percentile

    12 month avg at 31 Jul 2026

    Average Monthly Rent - YO

    £1,026

    50

    National percentile

    Estimate at 31 Jul 2026

    Average Net Household Income - YO41

    £43,090

    70

    National percentile

    2023 census data

    Flat / Maisonette Yield - YO

    6.2%

    67

    National percentile

    Estimate at 31 Jul 2026

    10-Year Annualised Price Growth - YO41

    3.3%

    56

    National percentile

    Estimate at 31 Jul 2026

    10-Year Annualised Rent Growth - YO

    3.8%

    43

    National percentile

    Estimate at 31 Jul 2026

    Street Rankings — YO41

    Top 5 streets in YO41 ranked by 3-year average sale price.

    #Street3Y Avg
    1Upper Helmsley Road£1,112,500
    2Dauby Lane£1,050,000
    3The Brickyards£940,000
    4Sand Lane£935,000
    5Burton Gates£850,000

    Latest Rent — YO41

    Property Price & Volume Trends

    The current average property price of £346,000 sits around the national midpoint, with no particular premium or discount. Price growth over the past decade has been notably subdued at 2.9% per year—well below the national average. Transaction activity has cooled significantly; 138 sales in the latest year compare to a 10-year average of 192, suggesting a tightening market.

    Rent & Yield Trends

    Rental costs at £999 per month are close to the national average, reflecting middling affordability for tenants. Rent growth over ten years has trailed the national pace at 3.6% annually. Yields have moved in a favourable direction, rising to 6.0% in the latest year from a 10-year average of 4.8%, indicating improved returns for buy-to-let investors.

    Income & Affordability Trends

    Average household income of £43,090 is comfortably above the national median, placing the area among higher-earning parts of the country. Purchase affordability has tightened noticeably: the price-to-income ratio has risen from 7.6x in 2016 to 8.6x today, making property less accessible relative to local earnings. Rental affordability has remained essentially flat, with the rent-to-income ratio stable at around 27% over the same period.

    Resident Demographic Profile

    The population skews older than average, with a quarter aged 65 and over compared to the national figure of 20%, and notably fewer young adults aged 16–24 at just 8%. Housing tenure reflects strong owner-occupation: 78% own their home outright or with a mortgage versus 61% nationally, whilst private renting is significantly underrepresented at 14%. The employment profile is notably weighted towards managers (17%), who are overrepresented compared to the national average of 13%, and professionals are also above average at 23%.

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