At a Glance
Average Property Price - B35
£192,528
10
National percentile
Average Monthly Rent - B
£1,056
53
National percentile
Average Net Household Income - B35
£29,779
7
National percentile
Flat / Maisonette Yield - B
6.3%
87
National percentile
10-Year Annualised Price Growth - B35
5.2%
92
National percentile
10-Year Annualised Rent Growth - B
4.4%
77
National percentile
Property Price & Volume Trends
The latest average property price of £193,000 places B35 among the most affordable nationally. Over the past decade, prices have grown at 5.2% annually—a pace well above the national average, demonstrating solid long-term capital appreciation despite the low entry price point. Transaction activity has softened recently, with 52 sales recorded in the latest full year compared to a 10-year average of 64, suggesting a moderating market.
Rent & Yield Trends
Average monthly rent in the wider B postcode area stands at £1,056, roughly in line with national averages. Rental growth has been robust at 4.4% annually over ten years, outpacing national trends. Yields have strengthened materially, with the current flat yield of 6.3% now well above the 10-year average of 4.9%, reflecting improved returns for landlords and strong rental demand.
Income & Affordability Trends
Average household income of £30,000 is significantly below the national average, placing the area among the lowest-income neighbourhoods nationally. The price-to-income ratio has deteriorated markedly, rising from 4.6x in 2016 to 6.6x today, indicating diminished purchase affordability despite low absolute prices. Rental affordability has improved slightly, with rent-to-income ratios easing from 29.3% to 28.8%, though housing costs remain a substantial proportion of household income.
Resident Demographic Profile
The area has notably higher concentrations of children and young teenagers, with over 22% under age 15 versus a national average of 17.5%. Housing tenure is dominated by social rented accommodation at 55%—far exceeding the national figure of 16.5%—while outright ownership (18%) and mortgaged properties (17%) are both well below average. Employment skews heavily toward elementary occupations (18% versus 10% nationally) and plant/machine operatives (13% versus 7%), with professional and managerial roles markedly underrepresented; caring roles are also notably elevated at 14%.