At a Glance
Average Property Price - B18
£185,048
9
National percentile
12 month avg at 31 Jul 2026
Average Monthly Rent - B
£1,066
53
National percentile
Estimate at 31 Jul 2026
Average Net Household Income - B18
£30,055
8
National percentile
2023 census data
Flat / Maisonette Yield - B
6.8%
89
National percentile
Estimate at 31 Jul 2026
10-Year Annualised Price Growth - B18
1.5%
12
National percentile
Estimate at 31 Jul 2026
10-Year Annualised Rent Growth - B
4.4%
78
National percentile
Estimate at 31 Jul 2026
Street Rankings — B18
Top 5 streets in B18 ranked by 3-year average sale price.
| # | Street | 3Y Avg |
|---|---|---|
| 1 | Pemberton Street | £695,000 |
| 2 | Warstone Parade East | £535,000 |
| 3 | Spencer Street | £267,750 |
| 4 | Rosebery Street | £250,000 |
| 4 | Springfield Street | £250,000 |
Highest Monthly Sales — B18
The highest-value transaction recorded in B18 for each of the last 5 months.
Property Price & Volume Trends
The average property price in B18 is £175,000, placing it among the cheapest nationally. Over the past decade, prices have grown by 2.6% annually—well below the national rate of growth. Transaction activity has slowed notably, with 65 sales in the latest year compared to a 10-year average of 107 per year.
Rent & Yield Trends
Average monthly rent across the broader B postcode area stands at £1,056, close to the national median. Rental growth has been robust at 4.4% per year over the past decade, substantially outpacing the national average. Flat yield has strengthened to 6.3% in the latest year from a 10-year average of 4.9%, reflecting improved returns for buy-to-let investors.
Income & Affordability Trends
Average net household income is £30,055, significantly below the national average. Purchase affordability has improved markedly: the price-to-income ratio has fallen to 5.7x from 6.9x in 2016, making homeownership more accessible. Rental affordability has also improved slightly, with the rent-to-income ratio declining to 28.8% from 29.3% over the same period.
Resident Demographic Profile
The population is notably young and family-oriented: children under 15 comprise 25.8% of residents, well above the national average of 17.5%, whilst the 16–24 age group is also substantially overrepresented at 15.3%. Housing is heavily weighted towards social and private rental tenures—41.2% live in socially rented homes and 30.2% in private rentals, compared to national averages of 16.5% and 21.7% respectively. Outright ownership is rare at 14.1%, suggesting limited wealth accumulation in the area. The employment profile is marked by a high proportion of elementary workers at 20.7% against a national average of 10.2%, and an underrepresentation of managers at 6.4% versus 13.4% nationally.