At a Glance
Average Property Price - B37
£230,271
21
National percentile
Average Monthly Rent - B
£1,056
53
National percentile
Average Net Household Income - B37
£33,664
23
National percentile
Flat / Maisonette Yield - B
6.3%
87
National percentile
10-Year Annualised Price Growth - B37
4.8%
86
National percentile
10-Year Annualised Rent Growth - B
4.4%
77
National percentile
Property Price & Volume Trends
Properties in B37 are valued at an average of £230,000, placing them below the national average. However, the area has seen notably strong price growth over the past decade, with an annualised increase of 4.8% — well above the typical rate for the UK. Transaction activity has slowed compared to its long-term trend, with 257 sales in the latest year against a 10-year average of 355 per annum.
Rent & Yield Trends
The broader B postcode area commands monthly rents of around £1,056, broadly in line with the national median. Rental growth over the past decade has been robust at 4.4% annually, outpacing most regions. The flat yield currently stands at 6.3%, a meaningful uplift from the 10-year average of 4.9%, reflecting strengthening returns for buy-to-let investors.
Income & Affordability Trends
Average net household income in B37 is £33,664, notably below the national average. The current price-to-income ratio of 6.4x represents a deterioration from 5.6x in 2016, indicating that property has become less affordable relative to earnings over this period. Rental affordability has improved marginally: the rent-to-income ratio has eased from 29.3% to 28.8%, though it remains elevated.
Resident Demographic Profile
The area has a notably elevated proportion of children under 15 at 22%, well above the national average of 17.5%, reflecting its family appeal. Social rented housing is exceptionally prevalent at 35%, more than double the national figure of 16.5%, whilst owner-occupation is correspondingly lower. The employment profile skews toward elementary and caring roles, which together account for 27% of the workforce compared to a combined national share of 19.4%.