At a Glance
Average Property Price - B32
£245,283
26
National percentile
Average Monthly Rent - B
£1,056
53
National percentile
Average Net Household Income - B32
£36,197
39
National percentile
Flat / Maisonette Yield - B
6.3%
87
National percentile
10-Year Annualised Price Growth - B32
5.5%
94
National percentile
10-Year Annualised Rent Growth - B
4.4%
77
National percentile
Property Price & Volume Trends
The latest average property price in B32 is £245,000, which sits below the national average. Over the past decade, the area has experienced strong price growth of 5.5% annually—among the fastest-growing postcodes in the country. Transaction activity has declined notably, with 275 sales in the latest year compared to a 10-year average of 385 annually.
Rent & Yield Trends
Average monthly rent in the wider B postcode area stands at £1,056, close to the national midpoint. Rental growth over the past decade has been robust at 4.4% per year, outpacing most of the country. The flat yield has moved firmly upward to 6.3%, significantly above its 10-year average of 4.9%, reflecting improving returns for landlords.
Income & Affordability Trends
Average household income in B32 is £36,000, modestly below the national average. The price-to-income ratio of 6.3x indicates that property remains relatively affordable, though affordability has tightened slightly since 2016 when the ratio stood at 6.0x. Rental affordability has improved marginally: the rent-to-income ratio has eased from 29.3% in 2016 to 28.8% today.
Resident Demographic Profile
B32 has a notably younger age profile than the national average, with 21.6% of the population under 15 and a larger 35–49 age group at 20.2%, reflecting family households. The tenure mix is distinctive: social rented housing accounts for 24.6% of all homes, well above the national average of 16.5%, whilst private rented accommodation at 15.3% is notably below average. Employment is skewed toward professional occupations at 22.3% and caring roles at 11.5%, both above national norms, while managerial roles are underrepresented at 9.2%.