At a Glance
Average Property Price - B11
£200,556
12
National percentile
Average Monthly Rent - B
£1,056
53
National percentile
Average Net Household Income - B11
£21,549
2
National percentile
Flat / Maisonette Yield - B
6.3%
87
National percentile
10-Year Annualised Price Growth - B11
5.5%
94
National percentile
10-Year Annualised Rent Growth - B
4.4%
77
National percentile
Property Price & Volume Trends
The latest average property price in B11 is £201,000, placing it among the most affordable areas nationally. Over the past decade, the district has seen annualised growth of 5.5%, which ranks among the fastest in the country. Transaction volumes have softened recently, with 170 sales in the latest full year compared to a 10-year average of 250.
Rent & Yield Trends
Average monthly rent across the broader B postcode area stands at £1,056, close to the national median. Rental growth over ten years has averaged 4.4% annually, outpacing most areas nationally. The flat yield has strengthened to 6.3%, up noticeably from a 10-year average of 4.9%, indicating improved rental returns.
Income & Affordability Trends
Average net household income in B11 is £21,549, significantly below the national average. The price-to-income ratio now stands at 8.3x, having widened substantially from 5.1x in 2016, meaning homes have become less affordable relative to earnings. Rental affordability has improved marginally: the rent-to-income ratio has edged down from 29.3% to 28.8%, though rents still consume a substantial share of household income.
Resident Demographic Profile
B11 has a notably young population, with over a quarter of residents under 15 (compared to 17.5% nationally) and strong representation of teenagers and young adults. The area is heavily reliant on social and private rented housing, with combined renting accounting for over half of all tenure; owner-occupation is below average. Employment is concentrated in elementary occupations (18.8%, well above the national 10.2%), plant and machinery roles (13.1%), and caring professions (11.2%), reflecting the area's socioeconomic composition.