At a Glance
Average Property Price - B27
£221,791
18
National percentile
Average Monthly Rent - B
£1,056
53
National percentile
Average Net Household Income - B27
£33,500
22
National percentile
Flat / Maisonette Yield - B
6.3%
87
National percentile
10-Year Annualised Price Growth - B27
4.2%
73
National percentile
10-Year Annualised Rent Growth - B
4.4%
77
National percentile
Property Price & Volume Trends
The average property price in B27 is £222,000, placing it well below the national average. Over the past decade, the area has delivered annualised price growth of 4.2%, which is notably stronger than the typical UK performance. Transaction activity has declined: the latest year saw 171 sales against a 10-year average of 242 per annum, suggesting a recent softening in market momentum.
Rent & Yield Trends
Average monthly rent in the broader B postcode area stands at £1,056, close to the national midpoint. Rental growth over ten years has averaged 4.4% annually, significantly outpacing typical UK trends. The flat yield has improved markedly: currently 6.3%, up from a 10-year average of 4.9%, indicating strengthening rental returns relative to capital values.
Income & Affordability Trends
Average household income in B27 is £33,500, below the national average. Purchase affordability has deteriorated: the price-to-income ratio has risen from 5.8x in 2016 to 6.6x today, making homes harder to buy relative to local earnings. Rental affordability has improved slightly: the rent-to-income ratio has fallen from 29.3% in 2016 to 28.8%, easing the burden on renters marginally.
Resident Demographic Profile
B27 has a notably younger profile than England as a whole: nearly a quarter of residents are under 15, compared to 17.5% nationally, while those aged 65 and over comprise just 12.4% versus the national average of 19.6%. The tenure mix is more tilted towards renting: private rental accounts for 25% of households against 21.7% nationally, and social rented tenure is also above average at 21.3% versus 16.5%. Employment is notably skewed towards elementary occupations (13.9% against 10.2% nationally) and caring roles (10.8% versus 9.2%), while professional and managerial roles are less represented than the national norm.