At a Glance
Average Property Price - B6
£171,153
6
National percentile
Average Monthly Rent - B
£1,056
53
National percentile
Average Net Household Income - B6
£29,315
6
National percentile
Flat / Maisonette Yield - B
6.3%
87
National percentile
10-Year Annualised Price Growth - B6
5.1%
91
National percentile
10-Year Annualised Rent Growth - B
4.4%
77
National percentile
Property Price & Volume Trends
The latest average property price in B6 is £171,000, placing it among the cheapest areas nationally. Despite this low price level, the area has experienced strong price growth over the past decade, with annualised growth of 5.1% — well above the national average. However, transaction activity has weakened considerably: only 36 sales were recorded in the latest full year, compared to a 10-year average of 64 per year.
Rent & Yield Trends
Average monthly rent in the wider B postcode stands at £1,056, broadly in line with the national median. Rental growth over the past decade has been robust at 4.4% per year, outpacing national growth rates. Yields have improved materially: the flat yield currently stands at 6.3%, up from a 10-year average of 4.9%, reflecting both rent growth and the area's low property values.
Income & Affordability Trends
Average net household income is £29,315, significantly below the national average and among the lowest nationally. The price-to-income ratio stands at 5.3x, slightly worse than in 2016 (5.1x), indicating purchasing power has declined relative to prices. Rental affordability has improved marginally: the rent-to-income ratio is now 28.8%, down from 29.3% in 2016.
Resident Demographic Profile
B6 has a markedly youthful population, with 35.5% aged 16–24 — more than triple the national average — and only 5.7% aged 65 and over, well below the national norm. Housing tenure is dominated by social renting (41.7% of households), far exceeding the national average of 16.5%, while owner-occupied housing is sparse. The employment profile is skewed towards elementary and caring roles, which together account for 34.2% of the workforce; professional and managerial employment is substantially below average.