Property trends for B61

    B61 covers areas in the West Midlands, positioned between Birmingham and Worcestershire. It is a mixed suburban and semi-rural district with a balance of established residential communities and newer developments.

    At a Glance

    Average Property Price - B61

    £321,872

    50

    National percentile

    12 month avg at 31 Jul 2026

    Average Monthly Rent - B

    £1,066

    53

    National percentile

    Estimate at 31 Jul 2026

    Average Net Household Income - B61

    £39,272

    55

    National percentile

    2023 census data

    Flat / Maisonette Yield - B

    6.8%

    89

    National percentile

    Estimate at 31 Jul 2026

    10-Year Annualised Price Growth - B61

    4.4%

    85

    National percentile

    Estimate at 31 Jul 2026

    10-Year Annualised Rent Growth - B

    4.4%

    78

    National percentile

    Estimate at 31 Jul 2026

    Street Rankings — B61

    Top 5 streets in B61 ranked by 3-year average sale price.

    #Street3Y Avg
    1Priory Road£1,250,000
    2Cooksey Green£1,090,000
    3Dordale Road£980,000
    4Cockshutt Lane£850,000
    5Greyfriars Drive£820,000

    Latest Rent — B61

    Property Price & Volume Trends

    The current average property price of £320,000 sits close to the national midpoint, reflecting a fairly typical market position. Over the past decade, prices have grown at 4.0% annually—moderately above the slowest-growing areas nationally, indicating steady but unspectacular appreciation. Transaction activity has eased, with 297 sales in the latest year compared to a 10-year average of 389, suggesting a quieter market than its historical norm.

    Rent & Yield Trends

    Average monthly rent of £1,056 is slightly above the national median, placing it in the upper-middle range for rental costs. Rent growth over the past decade has been strong at 4.4% annually—among the fastest-growing areas nationally, indicating sustained upward pressure on rental values. The current flat yield of 6.3% is notably higher than the 10-year average of 4.9%, reflecting improved rental returns for investors in recent years.

    Income & Affordability Trends

    Average household income of £39,272 is marginally above the national average, positioning the area in the middle band nationally. The price-to-income ratio of 7.7x has worsened since 2016 (when it stood at 7.2x), indicating that property prices have outpaced income growth over that period. Rental affordability has improved slightly; the rent-to-income ratio has fallen from 29.3% in 2016 to 28.8% today, easing the burden on renters.

    Resident Demographic Profile

    The population skews notably older than the national profile, with those aged 50 and above comprising 43.8% compared to 39.4% nationally, and over-65s at 22.3% against a national figure of 19.6%. Outright home ownership is above average at 38.2%, and mortgage ownership is also higher at 31.4%, reflecting a tenure profile weighted toward owned housing. The workforce is well-represented by professionals and managers (21.7% and 15.3% respectively), both slightly above national averages, whilst sales and plant/machine employment are notably underrepresented.

    Explore properties in B61

    Streets in B61

    Explore nearby