At a Glance
Average Property Price - YO43
£265,948
32
National percentile
Average Monthly Rent - YO
£999
49
National percentile
Average Net Household Income - YO43
£40,460
60
National percentile
Flat / Maisonette Yield - YO
6.0%
73
National percentile
10-Year Annualised Price Growth - YO43
3.1%
31
National percentile
10-Year Annualised Rent Growth - YO
3.6%
35
National percentile
Property Price & Volume Trends
The average property price in YO43 is £266,000, placing it below the national average. Annual price growth over the past decade has averaged 3.1%, which is below the national rate of growth. Transaction volumes have softened in recent years, with 207 sales in the latest full year compared to a 10-year average of 252.
Rent & Yield Trends
Average monthly rent stands at £999, close to the national midpoint. Rental growth over the past decade has averaged 3.6% annually, below the national rate. Yields have strengthened recently, reaching 6.0% in the latest year compared to a 10-year average of 4.8%, reflecting improving returns for landlords.
Income & Affordability Trends
Household incomes in YO43 are above average nationally at £40,460. Housing affordability for buyers has deteriorated slightly: the price-to-income ratio has risen from 6.2x in 2016 to 6.5x today. Rental affordability has improved marginally, with the rent-to-income ratio falling from 27.5% in 2016 to 27.4% currently.
Resident Demographic Profile
The population is notably older than average, with over-50s making up 46.7% compared to 39.4% nationally, and those aged 65+ accounting for 24.1% versus 19.6% nationally. Young adults aged 16–24 are underrepresented at 7.6% against the national average of 11.0%. Housing tenure shows stronger outright ownership (41.8% versus 33.7% nationally) and higher mortgage ownership (33.2% versus 27.0%), while private renting is less common at 15.2% against 21.7% nationally. The workforce is weighted towards managers and trades roles, with managers at 15.4% against 13.4% nationally.