At a Glance
Average Property Price - B33
£212,842
16
National percentile
Average Monthly Rent - B
£1,056
53
National percentile
Average Net Household Income - B33
£32,505
16
National percentile
Flat / Maisonette Yield - B
6.3%
87
National percentile
10-Year Annualised Price Growth - B33
6.3%
98
National percentile
10-Year Annualised Rent Growth - B
4.4%
77
National percentile
Property Price & Volume Trends
The average property price in B33 is £213,000, placing it well below the national average and among the least expensive postcodes nationally. However, the area has experienced notably strong 10-year price growth of 6.3% annually—among the fastest nationally. Transaction activity has softened recently, with 202 sales in the latest year compared to a 10-year average of 304, suggesting a moderating market.
Rent & Yield Trends
Average monthly rent in the broader B postcode area stands at £1,056, close to the national median. Rental growth over the past decade has been above average at 4.4% annually. The flat yield has improved significantly to 6.3%, well above its 10-year average of 4.9%, reflecting stronger returns for buy-to-let investors in the area.
Income & Affordability Trends
Average household income in B33 is £32,505, notably below the national average and among the lowest regionally. Purchase affordability has deteriorated: the price-to-income ratio has risen from 5.1x in 2016 to 6.0x today, despite relatively modest absolute prices. Rental affordability has improved slightly, with the rent-to-income ratio falling from 29.3% to 28.8%, though it remains elevated.
Resident Demographic Profile
B33 has a significantly younger population than the national average, with 25.8% of residents aged under 15 compared to 17.5% nationally, and a notably smaller older population at 12.7% aged 65+. The tenure profile is distinctive: social rented housing represents a much larger share at 33.3% versus 16.5% nationally, while outright ownership is considerably lower at 22.7%. Employment is skewed towards elementary and machine/plant work (17.2% and 12.9% respectively), well above national levels, with correspondingly lower representation in professional and managerial roles.