At a Glance
Average Property Price - B18
£174,892
7
National percentile
Average Monthly Rent - B
£1,056
53
National percentile
Average Net Household Income - B18
£30,055
8
National percentile
Flat / Maisonette Yield - B
6.3%
87
National percentile
10-Year Annualised Price Growth - B18
2.6%
17
National percentile
10-Year Annualised Rent Growth - B
4.4%
77
National percentile
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.