At a Glance
Average Property Price - B13
£323,967
49
National percentile
Average Monthly Rent - B
£1,056
53
National percentile
Average Net Household Income - B13
£38,591
52
National percentile
Flat / Maisonette Yield - B
6.3%
87
National percentile
10-Year Annualised Price Growth - B13
4.2%
72
National percentile
10-Year Annualised Rent Growth - B
4.4%
77
National percentile
Property Price & Volume Trends
The latest average property price in B13 is £324,000, roughly in line with the national average. Over the past decade, prices have grown at 4.2% annually—a solid rate that sits above the national trend. Transaction activity has slowed noticeably, with 280 sales in the latest full year compared to a 10-year average of 402, suggesting a tightening of market momentum.
Rent & Yield Trends
Average monthly rents in the broader B postcode area stand at £1,056, slightly above the national median. Rental growth has been robust at 4.4% per year over the decade—markedly faster than the national average. The flat yield has expanded to 6.3%, up from a 10-year average of 4.9%, reflecting improved returns for landlords in recent times.
Income & Affordability Trends
Average household income in B13 is £38,591, close to the national average. The price-to-income ratio has risen to 8.5x from 7.0x in 2016, indicating that purchase affordability has deteriorated over the past eight years. On the rental side, tenants are spending 28.8% of income on rent, a modest improvement from 29.3% in 2016, suggesting rental affordability has eased slightly.
Resident Demographic Profile
The area has a notably higher proportion of professionals (31%, versus 20.5% nationally) and a below-average share of trades workers (6.5%, versus 10.5% nationally). The age profile skews slightly towards middle age: the 35–49 bracket is more prominent than the national average, while those aged 65+ are underrepresented at 16.4%. Tenure patterns are broadly typical, though social rented housing accounts for 18.1% of stock, marginally above the national figure.