At a Glance
Average Property Price - B70
£201,641
13
National percentile
Average Monthly Rent - B
£1,056
53
National percentile
Average Net Household Income - B70
£29,956
7
National percentile
Flat / Maisonette Yield - B
6.3%
87
National percentile
10-Year Annualised Price Growth - B70
4.0%
67
National percentile
10-Year Annualised Rent Growth - B
4.4%
77
National percentile
Property Price & Volume Trends
The average property price in B70 is £202,000, placing it well below the national average and among the least expensive postcode districts. Over the past decade, prices have grown at 4.0% annually, broadly in line with the national pace. Transaction activity has slowed notably: only 112 properties changed hands in the latest full year, less than half the area's 10-year annual average of 234.
Rent & Yield Trends
Average monthly rent in the broader B postcode area is £1,056, close to the national median. Rental growth over the past decade has been strong at 4.4% per year, outpacing most areas nationally. The flat yield currently stands at 6.3%, meaningfully above its 10-year average of 4.9%, reflecting improved returns for landlords in recent years.
Income & Affordability Trends
Average household income in B70 is £29,956, significantly below the national average and among the lowest across all postcodes. The price-to-income ratio of 6.4x has worsened since 2016 (when it was 5.6x), indicating that property prices have moved further out of reach for local earners. Rental affordability has improved slightly: the rent-to-income ratio has fallen from 29.3% to 28.8%, though it remains tight for tenants.
Resident Demographic Profile
B70 has a notably younger profile than the national average, with 22.2% of residents under 15 compared to 17.5% nationally. The population is markedly skewed towards working-age families, with 35–49 year-olds comprising 21.8% versus 18.7% nationally. The tenure mix is heavily weighted towards social housing, with 36.4% in social rented accommodation against just 16.5% nationally, while outright ownership at 21.3% is well below the national average of 33.7%. Employment is dominated by manual and routine occupations, with elementary workers (20.6%) and plant/machine operatives (15.4%) significantly overrepresented, while professional and managerial roles are markedly scarce at 11.1% and 6.3% respectively.