At a Glance
Average Property Price - B48
£462,756
76
National percentile
Average Monthly Rent - B
£1,056
53
National percentile
Average Net Household Income - B48
£42,628
68
National percentile
Flat / Maisonette Yield - B
6.3%
87
National percentile
10-Year Annualised Price Growth - B48
2.6%
17
National percentile
10-Year Annualised Rent Growth - B
4.4%
77
National percentile
Property Price & Volume Trends
The average property price in B48 is £463,000, placing it among the more expensive districts nationally. However, growth has been sluggish: over the past decade, prices have risen at just 2.6% per year, well below the national average. Transaction activity has also slowed, with 62 sales in the latest year compared to a ten-year average of 83 per year.
Rent & Yield Trends
Average rents in the broader B postcode area stand at £1,056 per month, close to the national midpoint. Rental growth has been more robust, rising 4.4% annually over ten years—significantly faster than most of the country. The flat yield has improved noticeably, now standing at 6.3% compared to a ten-year average of 4.9%, reflecting the stronger rental growth environment.
Income & Affordability Trends
Average household income is £42,628, above the national median. However, affordability has tightened: the price-to-income ratio has risen from 9.7x in 2016 to 10.4x today, indicating properties have become less affordable relative to local earnings. Rental affordability has improved slightly, with the rent-to-income ratio falling from 29.3% to 28.8% over the same period.
Resident Demographic Profile
The population is notably older than average, with over a quarter aged 65 and above—compared to just under one-fifth nationally—and fewer young adults aged 16–24 (7.7% versus 11.0%). Housing tenure is skewed heavily toward ownership: 44.8% own outright and a further 33.2% own with a mortgage, leaving only 20.7% in rented accommodation. The workforce is heavily weighted toward professionals and managers, who together account for 44.5% of employment, well above the national combined share of 33.9%.