At a Glance
Average Property Price - B69
£215,508
16
National percentile
Average Monthly Rent - B
£1,056
53
National percentile
Average Net Household Income - B69
£32,826
18
National percentile
Flat / Maisonette Yield - B
6.3%
87
National percentile
10-Year Annualised Price Growth - B69
4.9%
88
National percentile
10-Year Annualised Rent Growth - B
4.4%
77
National percentile
Property Price & Volume Trends
The average property price in B69 is £216,000, placing it well below the national average and among the cheapest postcode districts nationally. Over the past decade, prices have grown at 4.9% annually—a notably strong performance that ranks among the fastest growth rates in the country. Transaction activity has softened recently, with 227 sales in the latest year compared to a 10-year average of 311, reflecting broader market trends.
Rent & Yield Trends
Average monthly rent in the B postcode area stands at £1,056, close to the national median and unremarkable by regional standards. Rental growth has been robust at 4.4% annually, outpacing national trends. Rental yields have risen to 6.3%, up considerably from the 10-year average of 4.9%, signalling improving returns for buy-to-let investors in the region.
Income & Affordability Trends
Average household income in B69 is £32,826, below the national average and among the lowest nationally. The price-to-income ratio of 6.5x has deteriorated since 2016 (when it stood at 5.5x), meaning property is now less affordable relative to local earnings. Rental affordability has marginally improved, with rent-to-income at 28.8% versus 29.3% in 2016, though it remains tight for renters.
Resident Demographic Profile
The population is notably younger than the national average, with 23% of residents under 15 and only 12.8% aged 65 and over. The 35–49 age group is overrepresented at 21%, suggesting a family-oriented demographic. Housing tenure is more balanced than nationally, with higher social renting (21.6% vs 16.5% nationally) and lower outright ownership (26.6% vs 33.7%). Employment is weighted heavily toward manual and elementary work, with 15.9% in elementary roles and 13.1% in plant and machine operation—both well above the national average—while professional occupations are underrepresented at just 13.1%.