At a Glance
Average Property Price - B64
£229,298
21
National percentile
Average Monthly Rent - B
£1,056
53
National percentile
Average Net Household Income - B64
£33,378
21
National percentile
Flat / Maisonette Yield - B
6.3%
87
National percentile
10-Year Annualised Price Growth - B64
5.8%
95
National percentile
10-Year Annualised Rent Growth - B
4.4%
77
National percentile
Property Price & Volume Trends
The average property price in B64 is £229,000, placing it among the most affordable a fifth of UK postcode districts. Despite this modest valuation, the area has delivered strong growth: annualised price appreciation of 5.8% over the past decade ranks among the fastest nationally. Transaction activity has softened recently, with 169 sales in the latest year compared to a 10-year average of 207, suggesting a tightening of market activity.
Rent & Yield Trends
Average monthly rent across the broader B postcode area stands at £1,056, close to the national midpoint. Rental growth has been above average at 4.4% annually over ten years, reflecting solid demand in the sector. The flat yield has risen to 6.3% in the latest period from a 10-year average of 4.9%, indicating that rental income is outpacing capital value growth and offering improved returns for buy-to-let investors.
Income & Affordability Trends
Average household income of £33,378 sits below the national average, reflecting the area's working-class character. The price-to-income ratio of 6.3x has deteriorated since 2016 (when it stood at 5.2x), meaning homes have become less affordable relative to local earnings. Rental affordability has improved slightly: the rent-to-income ratio has eased from 29.3% to 28.8%, suggesting renters retain a marginally better share of income for other outgoings.
Resident Demographic Profile
B64 has a notably higher proportion of children and young families, with those under 15 representing 20.7% of the population against a national average of 17.5%. Social rented housing is significantly more prevalent at 27.1%, double the national average of 16.5%, and owner-occupation (both outright and mortgaged) is proportionally lower. The employment profile is skewed towards trades and elementary occupations, which together account for nearly a quarter of the workforce, well above the combined national share of 20.7%.