At a Glance
Average Property Price - YO42
£326,149
50
National percentile
Average Monthly Rent - YO
£999
49
National percentile
Average Net Household Income - YO42
£40,291
59
National percentile
Flat / Maisonette Yield - YO
6.0%
73
National percentile
10-Year Annualised Price Growth - YO42
3.0%
30
National percentile
10-Year Annualised Rent Growth - YO
3.6%
35
National percentile
Property Price & Volume Trends
The average property price in YO42 stands at £326,000, squarely at the national midpoint. However, the area has experienced slower-than-average price growth over the past decade, with annualised growth of 3.0% placing it well below the national norm. Transaction activity has declined modestly from its 10-year average, with 324 sales in the latest full year compared to a historical average of 384.
Rent & Yield Trends
Average monthly rent in the broader YO postcode area is £999, in line with national expectations. Rent growth over the past decade has been below the national average at 3.6% per year. The rental yield has improved notably, rising to 6.0% in the latest year from a 10-year average of 4.8%, reflecting a tightening rental market and better returns for buy-to-let investors.
Income & Affordability Trends
Average household income in YO42 stands at £40,291, slightly above the national middle rank. The price-to-income ratio has moved upward to 8.0x, suggesting affordability has tightened since 2016 when the ratio stood at 7.3x. Rental affordability has remained essentially flat, with renters spending 27.4% of household income on rent today compared to 27.5% in 2016.
Resident Demographic Profile
The population skews notably older than the national average, with over one quarter aged 65 and above and nearly a quarter in the 50–64 bracket, while those aged 16–24 are significantly underrepresented at 8.1%. Housing tenure reflects a strong owner-occupier base, with 40.3% owning outright and 31.4% with a mortgage, alongside lower private rental and social rented shares. The employment profile tilts towards managers and skilled trades, which are both notably above national proportions, while sales and plant/machine roles are below average.