At a Glance
Average Property Price - B21
£192,035
10
National percentile
Average Monthly Rent - B
£1,056
53
National percentile
Average Net Household Income - B21
£28,140
5
National percentile
Flat / Maisonette Yield - B
6.3%
87
National percentile
10-Year Annualised Price Growth - B21
6.0%
96
National percentile
10-Year Annualised Rent Growth - B
4.4%
77
National percentile
Property Price & Volume Trends
The latest average property price in B21 is £192,000, placing it among the cheapest districts nationally. Despite this low valuation, the area has experienced strong 10-year price growth of 6.0% annually—among the fastest growth rates nationwide. However, transaction activity has slowed considerably, with 99 sales in the latest year compared to an average of 144 over the past decade.
Rent & Yield Trends
Average monthly rent in the broader B postcode area stands at £1,056, in line with the national median. Rents have grown at 4.4% annually over the past decade, notably faster than the national average. The flat yield has improved markedly, now at 6.3% compared to its 10-year average of 4.9%, reflecting stronger rental returns.
Income & Affordability Trends
Average household income in B21 is £28,140, well below the national average at the lower end of the income distribution. The price-to-income ratio has deteriorated significantly, rising from 4.8x in 2016 to 6.4x today, indicating homes have become considerably less affordable relative to earnings. Rental affordability has improved modestly, with the rent-to-income ratio falling from 29.3% to 28.8%, though it remains tight.
Resident Demographic Profile
The population skews markedly younger, with over a quarter under 15 and notably fewer residents aged 65 and over (9.7% versus 19.6% nationally). Housing tenure is split almost evenly between private rental (28%) and social rented (28.3%), well above national norms. The employment profile is heavily weighted toward elementary occupations (22.6%, nearly double the national average) and plant/machine operatives (13.7%), while professional roles are significantly underrepresented at 10.9%.