At a Glance
Average Property Price - B47
£396,913
66
National percentile
Average Monthly Rent - B
£1,056
53
National percentile
Average Net Household Income - B47
£40,645
61
National percentile
Flat / Maisonette Yield - B
6.3%
87
National percentile
10-Year Annualised Price Growth - B47
3.5%
49
National percentile
10-Year Annualised Rent Growth - B
4.4%
77
National percentile
Property Price & Volume Trends
The latest average price of £397,000 sits among the more expensive postcodes nationally. Annual price growth over the past decade has been 3.5%, roughly in line with the national trend. Transaction activity has softened recently, with 109 sales in the latest full year compared to a ten-year average of 149 per year.
Rent & Yield Trends
Average monthly rent in the broader B postcode area stands at £1,056, close to the national median. Rental growth over ten years has been strong at 4.4% annually, outpacing most of the country. The flat yield currently stands at 6.3%, well above its ten-year average of 4.9%, reflecting the improved rental returns available in the market.
Income & Affordability Trends
Average household income of £41,000 sits slightly above the national median. Purchase affordability has deteriorated modestly, with the price-to-income ratio rising from 9.3x in 2016 to 9.5x today. Rental affordability has improved over the same period, with rent-to-income falling from 29.3% to 28.8%, indicating modest easing of rental cost burdens.
Resident Demographic Profile
The population is notably older than average, with over a quarter aged 65 and above compared to the national figure of 20%, while the young adult cohort (16–24) is significantly underrepresented at 7%. Housing is dominated by owner-occupation, with nearly half owning outright—well above the national average of 34%—and private renting is unusually low at 8%. The workforce is heavily skewed towards professional and managerial roles, which together account for 42% of employment against a national average of 34%, while elementary roles are notably scarce.