At a Glance
Average Property Price - B74
£490,593
79
National percentile
Average Monthly Rent - B
£1,056
53
National percentile
Average Net Household Income - B74
£45,314
77
National percentile
Flat / Maisonette Yield - B
6.3%
87
National percentile
10-Year Annualised Price Growth - B74
3.4%
43
National percentile
10-Year Annualised Rent Growth - B
4.4%
77
National percentile
Property Price & Volume Trends
The average property price of £491,000 places B74 among the most expensive nationally. Price growth has been modest, with a 10-year annualised increase of 3.4% — below the pace seen across the country as a whole. Transaction activity has softened, with 378 sales in the latest year compared to a 10-year average of 518, suggesting a cooling in market momentum.
Rent & Yield Trends
Rental costs in the broader B postcode area stand at £1,056 per month, close to the national average. Rent growth has been strong, rising at 4.4% per year over a decade — among the fastest nationally. The flat yield has expanded to 6.3%, up meaningfully from its 10-year average of 4.9%, reflecting a tightening rental market and improved returns for buy-to-let investors.
Income & Affordability Trends
Average household income of £45,314 is above the national norm, placing the area among higher-earning districts. The price-to-income ratio has moved from 10.1x in 2016 to 11.0x today, indicating that property affordability has worsened relative to local earnings. Rental affordability has improved slightly, with the rent-to-income ratio falling from 29.3% in 2016 to 28.8% currently.
Resident Demographic Profile
The population skews notably older, with 26% aged 65 and over — well above the national average of 19.6% — and a correspondingly lower proportion of young adults aged 16–24 at 8.3%. Housing tenure is heavily weighted towards outright ownership at 48.1%, far exceeding the national norm of 33.7%, while private rented housing accounts for just 11%. The employment profile is strongly skewed toward professional and managerial roles, which together represent nearly half the workforce, significantly above national norms.