At a Glance
Average Property Price - B63
£252,371
28
National percentile
Average Monthly Rent - B
£1,056
53
National percentile
Average Net Household Income - B63
£36,011
37
National percentile
Flat / Maisonette Yield - B
6.3%
87
National percentile
10-Year Annualised Price Growth - B63
4.6%
83
National percentile
10-Year Annualised Rent Growth - B
4.4%
77
National percentile
Property Price & Volume Trends
The latest average property price in B63 is £252,000, placing it below the national average and among the cheaper areas nationally. Over the past decade, prices have grown at 4.6% annually—significantly faster than the national trend, reflecting stronger-than-average capital appreciation in this market. Transaction activity has softened, with 406 sales in the latest full year compared to a 10-year average of 509, suggesting recent demand has eased.
Rent & Yield Trends
Average monthly rent in the wider B postcode area stands at £1,056, close to the national median. Rents have grown at 4.4% annually over the past decade, outpacing the national average and indicating steady rental market strength. The current flat yield of 6.3% is notably higher than the 10-year average of 4.9%, reflecting an improving outlook for rental investors and a marked upward trajectory in returns.
Income & Affordability Trends
Average net household income is £36,011, below the national average and among the lower-earning areas. The price-to-income ratio of 6.1x has shifted only marginally from 6.0x in 2016, indicating that affordability for purchasers has remained relatively stable. Rental affordability has improved slightly, with the rent-to-income ratio falling from 29.3% in 2016 to 28.8% today, suggesting modest relief for tenants.
Resident Demographic Profile
The population is notably older, with 20.4% aged 65 and over compared to a national average of 19.6%, while the 16–24 age group is underrepresented at 9.6% against the national 11.0%. Housing tenure leans toward ownership, with 36.8% owning outright and 31.2% owning with a mortgage—both above national averages—while private renting is less prevalent at 14.1%. The employment profile is distinctive, with higher proportions in trades (11.6% vs 10.5% nationally) and administrative roles (11.3% vs 9.0%), but notably fewer managers (10.5% vs 13.4%) and a below-average share of professionals.