At a Glance
Average Property Price - B16
£270,673
34
National percentile
Average Monthly Rent - B
£1,056
53
National percentile
Average Net Household Income - B16
£34,877
31
National percentile
Flat / Maisonette Yield - B
6.3%
87
National percentile
10-Year Annualised Price Growth - B16
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 B16 is £271,000, placing it below the national average. Over the past decade, prices have grown at 4.5% annually—among the faster-growing areas nationally. Transaction volumes have slowed significantly, with 110 sales in the latest year compared to a 10-year average of 248, suggesting reduced market activity.
Rent & Yield Trends
Average monthly rent in the broader B postcode area is £1,056, close to the national midpoint. Rental growth over ten years has averaged 4.4% annually, putting the area among the stronger performers nationally. The flat yield of 6.3% currently exceeds the 10-year average of 4.9%, reflecting a recent improvement in rental returns for investors.
Income & Affordability Trends
Average household income in B16 is £34,877, significantly below the national average. The price-to-income ratio stands at 7.8x, having worsened from 6.8x in 2016, indicating that property prices have grown faster than incomes. Rental affordability has marginally improved: the rent-to-income ratio has fallen from 29.3% in 2016 to 28.8%, offering modest relief for tenants.
Resident Demographic Profile
B16 has a notably youthful profile: over a fifth of residents are aged 16–24, and a quarter are aged 25–34, well above national proportions. Housing tenure is heavily skewed toward renting, with 45% in private rentals and 32% in social housing, against national averages of 22% and 17% respectively. Only 11% own outright—half the national figure. Professionally employed residents are notably overrepresented at 29%, while skilled trades and managerial roles are underrepresented.