At a Glance
Average Property Price - B67
£231,659
22
National percentile
Average Monthly Rent - B
£1,056
53
National percentile
Average Net Household Income - B67
£33,837
24
National percentile
Flat / Maisonette Yield - B
6.3%
87
National percentile
10-Year Annualised Price Growth - B67
5.5%
94
National percentile
10-Year Annualised Rent Growth - B
4.4%
77
National percentile
Property Price & Volume Trends
The average property price of £232,000 sits well below the national average, placing it among the cheaper quarters nationally. Over the past decade, prices have grown at 5.5% annually—a notably strong performance that significantly outpaces typical UK growth. Transaction activity has declined, with 206 sales in the latest year compared to a ten-year average of 274.
Rent & Yield Trends
Average monthly rent of £1,056 sits close to the national midpoint. Rental growth over the past decade has been robust at 4.4% annually, substantially above the typical UK pace. The flat yield currently stands at 6.3%, a marked improvement on the ten-year average of 4.9%, reflecting a favourable environment for buy-to-let investors.
Income & Affordability Trends
Average household income of £34,000 is notably below the national average. The price-to-income ratio of 6.4x has worsened slightly since 2016 (when it stood at 6.0x), meaning homes have become less affordable relative to local earnings. Rental affordability has marginally improved: the rent-to-income ratio has eased from 29.3% in 2016 to 28.8% today.
Resident Demographic Profile
The area has a notably higher proportion of children and young families, with those under 15 representing 24% of the population against a national average of 18%. The private rented sector is unusually strong at 28%, well above the national norm of 22%, while outright ownership is correspondingly low at 26%. The employment profile is markedly skewed towards elementary occupations (19%, versus 10% nationally) and plant/machine operations (11%, versus 7% nationally), reflecting the area's industrial character; professional roles are significantly underrepresented at 16% against a national average of 21%.