At a Glance
Average Property Price - YO7
£321,537
49
National percentile
Average Monthly Rent - YO
£999
49
National percentile
Average Net Household Income - YO7
£40,267
59
National percentile
Flat / Maisonette Yield - YO
6.0%
73
National percentile
10-Year Annualised Price Growth - YO7
3.7%
55
National percentile
10-Year Annualised Rent Growth - YO
3.6%
35
National percentile
Property Price & Volume Trends
The latest average property price in YO7 is £322,000, which is roughly in line with the national average. Over the past decade, prices have grown at 3.7% annually—a pace slightly above the national average, demonstrating steady if modest appreciation. Transaction activity has moderated in recent years, with 296 sales in the latest full year compared to an average of 389 over the past ten years, reflecting softer market momentum.
Rent & Yield Trends
Average monthly rent in the YO postcode area stands at £999, close to the national midpoint. Over ten years, rents have grown at 3.6% annually, which is below the national average pace. The flat yield has improved notably to 6.0%, well above its ten-year average of 4.8%, indicating a shift towards better returns for buy-to-let investors despite the slower historical rent growth.
Income & Affordability Trends
Average net household income in YO7 is £40,267, placing it above the national average. The current price-to-income ratio is 7.8x, unchanged since 2016, meaning affordability for owner-occupiers has neither improved nor deteriorated over that period. Rental affordability has remained essentially flat, with the rent-to-income ratio at 27.4% compared to 27.5% in 2016, indicating stable rental costs relative to earnings.
Resident Demographic Profile
The population is notably older than the national average, with nearly a quarter (24.7%) aged 65 and over—well above the national figure of 19.6%—and those aged 50–64 comprising 22.9% compared to 19.8% nationally. Conversely, the 16–24 age group is underrepresented at 8.3% versus 11.0% nationally. Housing tenure shows a strong preference for outright ownership at 39.8%, significantly above the national 33.7%, while the professional workforce is somewhat below average at 16.5% compared to 20.5% nationally, though trades are better represented at 13.9% versus 10.5% nationally.