At a Glance
Average Property Price - B44
£205,493
14
National percentile
Average Monthly Rent - B
£1,056
53
National percentile
Average Net Household Income - B44
£32,872
18
National percentile
Flat / Maisonette Yield - B
6.3%
87
National percentile
10-Year Annualised Price Growth - B44
5.9%
96
National percentile
10-Year Annualised Rent Growth - B
4.4%
77
National percentile
Property Price & Volume Trends
The average property price in B44 is £205,493, placing it well below the national average—among the cheapest areas nationally. Despite this modest price level, the district has seen 10-year annualised growth of 5.9%, which ranks among the fastest-growing postcodes nationally. Transaction volume has eased over the past year, with 351 sales compared to a 10-year average of 411 per annum.
Rent & Yield Trends
Average monthly rent in the broader B postcode area is £1,056, tracking close to the national median. Rents have grown at 4.4% annually over the past decade, outpacing the national average and reflecting sustained demand. The flat yield currently stands at 6.3%, a marked improvement on the 10-year average of 4.9%, signalling strengthening returns for buy-to-let investors.
Income & Affordability Trends
Average net household income is £32,872, placing the area notably below the national average. The price-to-income ratio of 6.0x has deteriorated since 2016 (when it was 4.8x), making property ownership less affordable relative to local earnings despite the low absolute prices. Rental affordability has improved slightly: the rent-to-income ratio has eased from 29.3% in 2016 to 28.8% today, though it remains a significant outgoing for households.
Resident Demographic Profile
The area has a notably high proportion of children under 15 (22.9% vs a national average of 17.5%), suggesting a family-oriented community. The 65+ population is underrepresented at 14.7%, well below the national figure of 19.6%. Employment is skewed towards trades (12.2% vs 10.5% nationally) and elementary occupations (15.6% vs 10.2% nationally), while professional roles are less common at 12.8% compared to the national 20.5%. Social rented housing is above average at 21% of tenure, reflecting the area's economic profile.