At a Glance
Average Property Price - B12
£234,282
22
National percentile
Average Monthly Rent - B
£1,056
53
National percentile
Average Net Household Income - B12
£29,269
6
National percentile
Flat / Maisonette Yield - B
6.3%
87
National percentile
10-Year Annualised Price Growth - B12
6.2%
97
National percentile
10-Year Annualised Rent Growth - B
4.4%
77
National percentile
Property Price & Volume Trends
The average property price in B12 is £234,282, placing it well below the national average. Over the past decade, prices have grown at 6.2% annually—among the fastest growth rates seen nationally. However, transaction activity has softened considerably, with 93 sales recorded in the latest full year compared to a ten-year average of 138 per year.
Rent & Yield Trends
Average monthly rents in the wider B postcode area stand at £1,056, close to the national midpoint. Rental growth over the past decade has been robust at 4.4% annually, significantly outpacing typical national growth. The flat yield currently stands at 6.3%, well above the ten-year average of 4.9%, reflecting improved returns for buy-to-let investors in recent years.
Income & Affordability Trends
Average household income in B12 is £29,269, substantially below the national average. The price-to-income ratio has deteriorated markedly, rising from 5.0x in 2016 to 7.9x today, indicating that property has become considerably less affordable relative to local earnings. Rental affordability has improved slightly, with rent-to-income ratio moving from 29.3% in 2016 to 28.8% currently.
Resident Demographic Profile
B12 has a notably young population structure, with almost a quarter of residents under 15 and a combined 33.6% aged under 25—well above national norms. The area is characterised by high private and social rented tenure (63.3% combined), far exceeding the national average of 38.2%, and notably low outright ownership at 21.1%. Elementary occupations are overrepresented at 17% of the workforce, whilst management roles are significantly underrepresented at 7.7%.