At a Glance
Average Property Price - B68
£239,667
24
National percentile
Average Monthly Rent - B
£1,056
53
National percentile
Average Net Household Income - B68
£34,557
29
National percentile
Flat / Maisonette Yield - B
6.3%
87
National percentile
10-Year Annualised Price Growth - B68
5.4%
93
National percentile
10-Year Annualised Rent Growth - B
4.4%
77
National percentile
Property Price & Volume Trends
The average property price of £240,000 sits well below the national average, placing it among the more affordable parts of England. Over the past decade, B68 has experienced robust price growth of 5.4% annually—among the strongest growth rates nationally. Transaction activity has eased recently, with 246 sales in the latest full year compared to a 10-year average of 332, suggesting a cooling in market momentum.
Rent & Yield Trends
Monthly rents of around £1,056 align closely with the national average. Rental growth has been steady at 4.4% per year, outpacing most UK areas. Buy-to-let yields have improved markedly, now standing at 6.3% compared to a 10-year average of 4.9%, reflecting the strengthening rental market and relatively modest capital values.
Income & Affordability Trends
Average household income of £35,000 falls below the national average, limiting purchasing power for some buyers. The price-to-income ratio has risen from 5.2x in 2016 to 6.5x today, indicating that property has become less affordable relative to local earnings over the past eight years. Rental affordability has improved slightly: rents now consume 28.8% of income, down from 29.3% in 2016.
Resident Demographic Profile
The area has a notably higher proportion of children under 15 (21.2% vs 17.5% nationally), reflecting its family-oriented character. Workforce composition is distinctive: elementary occupations and plant/machine roles are significantly overrepresented at 13.9% and 10.6% respectively, while professional and managerial roles are underrepresented at 15.8% and 8.7%. Social rented housing accounts for 19.6% of tenure, above the national average of 16.5%, indicating a strong social housing presence.