At a Glance
Average Property Price - B14
£268,789
33
National percentile
Average Monthly Rent - B
£1,056
53
National percentile
Average Net Household Income - B14
£37,294
46
National percentile
Flat / Maisonette Yield - B
6.3%
87
National percentile
10-Year Annualised Price Growth - B14
4.5%
81
National percentile
10-Year Annualised Rent Growth - B
4.4%
77
National percentile
Property Price & Volume Trends
The latest average property price in B14 is £269,000, placing it below the national average. However, the district has experienced notably strong growth over the past decade, with prices rising at an annualised rate of 4.5%—among the fastest growth rates seen nationally. Transaction activity has softened in the latest year, with 420 sales recorded against a 10-year average of 522 annually.
Rent & Yield Trends
Average monthly rent in the broader B postcode area stands at £1,056, close to the national midpoint. Rents have grown at 4.4% annually over the past decade, outpacing most regions. The flat yield has strengthened meaningfully, reaching 6.3% in the latest year compared to a 10-year average of 4.9%, reflecting improved returns for buy-to-let investors.
Income & Affordability Trends
Average household income in B14 is £37,294, slightly below the national median. Purchase affordability has tightened: the price-to-income ratio now stands at 6.9x, up from 6.2x in 2016, indicating homes have become harder to afford relative to earnings. Rental affordability has improved modestly, with the rent-to-income ratio falling from 29.3% to 28.8% over the same period.
Resident Demographic Profile
The population skews slightly younger than average, with a notably elevated share of under-15s at 21% against the national 17.5%, and a reduced proportion of young adults aged 16–24 at 9.6%. Housing tenure shows stronger owner-occupation: 30.5% own with a mortgage (above the 27% national average) and 19.9% live in social rented housing. The employment profile is notably professional, with 25.5% in professional roles—well above the national 20.5%—while managerial employment is lower at 10.4% versus 13.4% nationally.
