At a Glance
Average Property Price - B60
£360,544
59
National percentile
Average Monthly Rent - B
£1,056
53
National percentile
Average Net Household Income - B60
£42,005
66
National percentile
Flat / Maisonette Yield - B
6.3%
87
National percentile
10-Year Annualised Price Growth - B60
3.2%
34
National percentile
10-Year Annualised Rent Growth - B
4.4%
77
National percentile
Property Price & Volume Trends
The average property price in B60 is £361,000, positioning it just above the national midpoint. Over the past decade, prices have grown at 3.2% annually—a below-average rate compared with the rest of England. Transaction activity has slowed noticeably, with 354 sales in the latest full year against a 10-year average of 449, indicating reduced market momentum.
Rent & Yield Trends
Average monthly rent in the broader B postcode area stands at £1,056, close to the national median. Rental growth has been notably strong at 4.4% per year, placing it among the faster-growing regions nationally. Flat yield has improved sharply to 6.3% from a 10-year average of 4.9%, reflecting the combination of rental growth and stable underlying prices—a favourable trend for buy-to-let investors.
Income & Affordability Trends
Average household income of £42,005 sits above the national average, indicating relative affluence. However, the price-to-income ratio of 8.6x has widened since 2016 (8.2x), suggesting purchase affordability has tightened slightly. Rental affordability has improved modestly: the rent-to-income ratio has fallen from 29.3% to 28.8%, offering tenants marginally better value.
Resident Demographic Profile
B60 has a notably mature population, with 41% aged 50 or over compared to the national average of 39.4%, whilst the 16–24 age group is underrepresented at 9.2% against the national 11%. Owner-occupation is strong: 72% own their home either outright or with a mortgage, well above the 60.7% national average, and private renting is correspondingly low at 12.7%. The workforce is heavily weighted towards professional roles (23.7% versus 20.5% nationally) and managers (15.5% versus 13.4%), whilst elementary occupations are markedly less common at 7.8% against 10.2% nationally.