At a Glance
Average Property Price - B71
£232,287
22
National percentile
Average Monthly Rent - B
£1,056
53
National percentile
Average Net Household Income - B71
£31,873
13
National percentile
Flat / Maisonette Yield - B
6.3%
87
National percentile
10-Year Annualised Price Growth - B71
5.9%
96
National percentile
10-Year Annualised Rent Growth - B
4.4%
77
National percentile
Property Price & Volume Trends
The latest average property price in B71 is £232,000, placing it well below the national average and among the cheapest areas nationally. Over the past decade, the area has experienced annualised price growth of 5.9%, significantly outpacing the national rate and ranking among the fastest-growing districts in the country. Transaction activity has slowed in the latest year, with 214 sales recorded against a 10-year average of 293 per annum.
Rent & Yield Trends
Average monthly rent of £1,056 sits close to the national median, reflecting broadly typical rental costs. Rent growth over the past decade has reached 4.4% annually, materially faster than the national average. The flat yield of 6.3% represents a notable improvement from the 10-year average of 4.9%, indicating that rental returns have strengthened considerably in recent years.
Income & Affordability Trends
Average household income of £32,000 is below the national average, ranking among the lower-income areas nationally. The price-to-income ratio of 7.4x has deteriorated markedly since 2016, when it stood at 5.3x, reflecting that property affordability for owner-occupiers has tightened significantly over this period. By contrast, rental affordability has improved modestly: 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 under 15 (20.8% vs 17.5% nationally) and a concentration in the 35–49 age bracket (20.8% vs 18.7% nationally), suggesting a family-oriented population. Social rented housing is substantially overrepresented at 28.8% compared to 16.5% nationally, while outright ownership is correspondingly lower. The employment profile is heavily skewed towards elementary occupations (16.4% vs 10.2% nationally) and plant/machine work (13.4% vs 6.6% nationally), with underrepresentation among professionals and managers.