At a Glance
Average Property Price - B50
£363,878
59
National percentile
Average Monthly Rent - B
£1,056
53
National percentile
Average Net Household Income - B50
£41,887
65
National percentile
Flat / Maisonette Yield - B
6.3%
87
National percentile
10-Year Annualised Price Growth - B50
3.9%
63
National percentile
10-Year Annualised Rent Growth - B
4.4%
77
National percentile
Property Price & Volume Trends
The average property price in B50 stands at £364,000, positioning it slightly above the national median. Over the past decade, prices have grown by 3.9% annually—a rate broadly in line with the national average. Transaction activity has moderated compared to the long-term trend, with 83 sales in the latest year against a 10-year average of 136 per annum.
Rent & Yield Trends
Monthly rents in the broader B postcode area average £1,056, close to the national norm. Rental growth has been notably strong, expanding at 4.4% annually—well above the typical national rate. The flat yield stands at 6.3%, a meaningful improvement on the 10-year average of 4.9%, reflecting the recent upturn in rental demand relative to property values.
Income & Affordability Trends
Average household income in B50 is £41,887, positioning the area above the national average. The price-to-income ratio of 7.3x has improved since 2016 (when it was 7.7x), indicating that property prices have become modestly more affordable relative to earnings. Rental affordability has similarly tightened slightly, with rents now consuming 28.8% of income compared to 29.3% six years ago.
Resident Demographic Profile
The population skews notably older, with 24.1% aged 65 and above—well above the national average of 19.6%—and a significantly under-represented young adult cohort (16–24 at just 7.5% vs 11% nationally). Housing tenure is markedly skewed toward outright ownership at 39.8%, substantially higher than the 33.7% national average, whilst private renting is unusually low at 11.1%. The employment profile is weighted toward managers (19.1% vs 13.4% nationally) and contains fewer workers in elementary roles (7.8% vs 10.2% nationally).