At a Glance
Average Property Price - B45
£324,259
50
National percentile
Average Monthly Rent - B
£1,056
53
National percentile
Average Net Household Income - B45
£40,450
60
National percentile
Flat / Maisonette Yield - B
6.3%
87
National percentile
10-Year Annualised Price Growth - B45
3.8%
60
National percentile
10-Year Annualised Rent Growth - B
4.4%
77
National percentile
Property Price & Volume Trends
The latest average property price in B45 is £324,000, close to the national median. Over the past decade, prices have grown at 3.8% annually—a pace slightly above the national average. Transaction activity has softened recently, with 332 sales in the latest full year compared to a 10-year average of 452 per year.
Rent & Yield Trends
Average monthly rent across the broader B postcode area stands at £1,056, slightly above the national middle ground. Rental growth over ten years has averaged 4.4% per annum—well above the national trend. The flat yield has improved sharply to 6.3% from a 10-year average of 4.9%, reflecting favourable rent-to-price dynamics.
Income & Affordability Trends
Average household income is £40,450, above the national median. Purchase affordability has improved: the price-to-income ratio has fallen from 8.3x in 2016 to 7.9x today. Rental affordability has also strengthened, with the rent-to-income ratio declining from 29.3% to 28.8% over the same period.
Resident Demographic Profile
The area has a notably younger profile than the nation as a whole, with 21% under 15—significantly above the 17.5% national average. Mortgage holders are more prevalent here, comprising 32.8% of households versus 27.0% nationally. Social rented accommodation accounts for 20.8% of tenure, well above the national 16.5%. Employment is skewed towards caring roles, which represent 10.4% of the workforce against 9.2% nationally.