At a Glance
Average Property Price - B65
£214,270
16
National percentile
Average Monthly Rent - B
£1,056
53
National percentile
Average Net Household Income - B65
£32,638
17
National percentile
Flat / Maisonette Yield - B
6.3%
87
National percentile
10-Year Annualised Price Growth - B65
5.9%
96
National percentile
10-Year Annualised Rent Growth - B
4.4%
77
National percentile
Property Price & Volume Trends
The average property price in B65 is £214,000, placing it well below the national average and among the cheapest nationally. Over the past decade, prices have grown at 5.9% annually—significantly faster than the national average, ranking among the strongest-performing postcodes nationally. Transaction volumes have declined from their 10-year average, with 213 sales in the latest year compared to a historical norm of 275 per annum.
Rent & Yield Trends
Average monthly rents of £1,056 sit around the national median, reflecting middling rental demand by national standards. Rental growth over the past decade has been robust at 4.4% annually, outpacing the national trend. The flat yield has improved markedly, now standing at 6.3% compared to its 10-year average of 4.9%, signalling strengthening investor returns.
Income & Affordability Trends
Average household net income of £32,638 is considerably below the national average, ranking among the lowest nationally. Purchase affordability has deteriorated: the price-to-income ratio has widened from 5.0x in 2016 to 6.3x today, reflecting faster price growth than local income gains. Rental affordability has improved slightly, with the rent-to-income ratio falling from 29.3% in 2016 to 28.8%, easing modestly for tenants relative to earnings.
Resident Demographic Profile
The area has a notably higher proportion of children under 15 (20.3% versus 17.5% nationally) and elevated social rented housing at 26% compared to the national average of 16.5%, reflecting the area's social housing concentration. The employment profile skews towards elementary and trade occupations—12.4% and 12% respectively, both above the national average—while professional employment at 13.5% is well below the national norm of 20.5%, indicating a working-class economic base.