At a Glance
Average Property Price - B77
£261,984
31
National percentile
Average Monthly Rent - B
£1,056
53
National percentile
Average Net Household Income - B77
£37,097
44
National percentile
Flat / Maisonette Yield - B
6.3%
87
National percentile
10-Year Annualised Price Growth - B77
4.9%
88
National percentile
10-Year Annualised Rent Growth - B
4.4%
77
National percentile
Property Price & Volume Trends
The latest average property price in B77 is £262,000, placing it below the national average. However, the district has outperformed most of the country over the past decade, with prices growing at 4.9% annually—a rate well above typical national performance. Transaction activity has moderated recently, with 667 sales in the latest full year compared to a 10-year average of 803 annually.
Rent & Yield Trends
Average monthly rent across the broader B postcode area is £1,056, close to the national midpoint. Rental growth over the past decade has been robust at 4.4% per year, outpacing most regions nationally. The flat yield has strengthened noticeably to 6.3%, well above its 10-year average of 4.9%, reflecting improved returns for buy-to-let investors.
Income & Affordability Trends
Average household income in B77 is £37,097, slightly below the national typical level. The price-to-income ratio of 6.9x suggests homes are becoming less affordable relative to local earnings; this has worsened from 6.2x in 2016. Rental affordability has edged in the opposite direction, with rent consuming 28.8% of household income compared to 29.3% six years ago, indicating modest relief for tenants.
Resident Demographic Profile
The age profile skews slightly older, with above-average representation in the 35–49 and 50–64 age bands, while younger adults (16–24) are proportionally fewer. Homeownership with a mortgage is notably strong at 35.6%, well above the national norm of 27.0%, while private renting is significantly lower than average. The employment mix is distinctive for a higher share in elementary occupations (14.3% vs 10.2% nationally) and a lower proportion of professionals (13.3% vs 20.5% nationally).