At a Glance
Average Property Price - B42
£224,190
19
National percentile
Average Monthly Rent - B
£1,056
53
National percentile
Average Net Household Income - B42
£35,641
35
National percentile
Flat / Maisonette Yield - B
6.3%
87
National percentile
10-Year Annualised Price Growth - B42
4.8%
86
National percentile
10-Year Annualised Rent Growth - B
4.4%
77
National percentile
Property Price & Volume Trends
The latest average property price in B42 is £224,190, placing it well below the national average. Over the past decade, prices have grown at 4.8% annually—among the fastest growth rates nationally. However, transaction activity has slowed: 248 sales in the latest full year compared to a 10-year average of 310, reflecting a noticeable dip in market momentum.
Rent & Yield Trends
Average monthly rent in the broader B postcode area stands at £1,056, close to the national median. Rents have risen at 4.4% per year over the past decade, outpacing most regions. The flat yield has strengthened to 6.3%, significantly above its 10-year average of 4.9%, indicating improved investor returns in recent years.
Income & Affordability Trends
Average net household income of £35,641 sits below the national average. The price-to-income ratio of 6.1x has deteriorated since 2016 (then 5.6x), reflecting slower income growth relative to property prices. Rental affordability has improved slightly: the rent-to-income ratio has edged down from 29.3% to 28.8%, offering modest relief for tenants.
Resident Demographic Profile
The population skews slightly younger, with 22% under 15 (against 17.5% nationally) and a notably lower proportion aged 65+ at 15% compared to 19.6% nationally. Owner-occupation is strong: 70.7% own outright or with a mortgage, well above the national 60.7%. The employment profile leans towards elementary occupations (13.7% vs 10.2% nationally) and caring roles (10.1% vs 9.2%), while professional roles are underrepresented at 16.8% against 20.5% nationally.