At a Glance
Average Property Price - B7
£175,364
7
National percentile
Average Monthly Rent - B
£1,056
53
National percentile
Average Net Household Income - B7
£29,893
7
National percentile
Flat / Maisonette Yield - B
6.3%
87
National percentile
10-Year Annualised Price Growth - B7
6.7%
99
National percentile
10-Year Annualised Rent Growth - B
4.4%
77
National percentile
Property Price & Volume Trends
The average property price in B7 stands at £175,000, placing it among the cheapest areas nationally. Over the past decade, however, the district has experienced exceptionally strong price growth of 6.7% annually—among the fastest in the country. Transaction activity has slowed markedly: only 11 sales were recorded in the latest year, well below the 10-year average of 17 per year.
Rent & Yield Trends
Rental costs in the broader B postcode area average £1,056 per month, close to the national midpoint. Rent growth has been robust at 4.4% annually, outpacing most regions nationally. The flat yield has improved considerably to 6.3%, up from a 10-year average of 4.9%, reflecting a strengthening rental return on investment.
Income & Affordability Trends
Average household income in B7 is £29,893, significantly below the national average and among the lowest areas in the country. This tight income position is reflected in the price-to-income ratio of 5.6x, which has worsened slightly since 2016 (5.3x). Rental affordability has improved modestly: the rent-to-income ratio currently stands at 28.8%, down from 29.3% in 2016, though it remains a substantial burden on household finances.
Resident Demographic Profile
B7 has an exceptionally young population, with over a quarter aged under 15 and nearly 30% aged 16–24, far above national norms. Conversely, those aged 50 and above represent just 15.7% of the population, well below the national average. Housing tenure is heavily skewed towards social renting (56.4%), more than three times the national proportion, whilst owner-occupation is unusually low. The employment profile is heavily weighted towards elementary occupations (25.4%), significantly above the national average, alongside higher representation in caring and sales roles.