At a Glance
Average Property Price - B34
£218,865
17
National percentile
Average Monthly Rent - B
£1,056
53
National percentile
Average Net Household Income - B34
£32,456
16
National percentile
Flat / Maisonette Yield - B
6.3%
87
National percentile
10-Year Annualised Price Growth - B34
5.8%
96
National percentile
10-Year Annualised Rent Growth - B
4.4%
77
National percentile
Property Price & Volume Trends
The average property price in B34 is £219,000, placing it well below the national average and among the most affordable areas nationally. Over the past decade, prices have grown at 5.8% annually—significantly faster than typical UK performance, representing notably strong capital appreciation for a lower-priced area. Transaction activity has eased slightly in the latest year, with 173 sales compared to a 10-year average of 203, suggesting a modest slowdown in market momentum.
Rent & Yield Trends
Average monthly rents in the B postcode area stand at £1,056, close to the national median. Rental growth over the past decade has been robust at 4.4% annually, outpacing the typical UK pace. The flat yield has risen to 6.3%, well above its 10-year average of 4.9%, indicating that rental income relative to property value is now notably attractive for investors.
Income & Affordability Trends
Average household income in B34 is £32,456, substantially below the national average. The price-to-income ratio has risen to 6.3x from 5.0x in 2016, signalling that property affordability for owner-occupiers has deteriorated measurably over this period. Rental affordability has improved slightly, with rent-to-income ratio falling from 29.3% to 28.8%, providing modest relief for renters despite broader income constraints.
Resident Demographic Profile
The population skews noticeably younger than average, with nearly a quarter aged under 15—well above the national figure of 17.5%—and a notably higher proportion of children and teenagers overall. Social rented housing dominates the tenure mix at 33.7%, more than double the national average, reflecting the area's significant public and affordable housing stock. The employment profile is distinctive, with substantially higher shares in elementary roles (15.6% vs 10.2% nationally), plant and machine operation (12.1% vs 6.6%), and caring professions (12.1% vs 9.2%), alongside notably lower representation in professional and managerial roles.