At a Glance
Average Property Price - B9
£196,256
11
National percentile
Average Monthly Rent - B
£1,056
53
National percentile
Average Net Household Income - B9
£33,996
25
National percentile
Flat / Maisonette Yield - B
6.3%
87
National percentile
10-Year Annualised Price Growth - B9
5.8%
96
National percentile
10-Year Annualised Rent Growth - B
4.4%
77
National percentile
Property Price & Volume Trends
The latest average property price in B9 is £196,000, placing it well below the national average—among the cheapest areas nationally. Over the past decade, prices have grown at 5.8% annually, significantly outpacing the national trend and ranking among the fastest-growing postcode districts. Transaction volumes have eased in the latest year to 97 sales, down from a ten-year average of 118 per year.
Rent & Yield Trends
Average monthly rent in the broader B postcode is £1,056, close to the national midpoint. Rents have grown at 4.4% annually over ten years, well above the national average. The flat yield now stands at 6.3%, a marked improvement from the ten-year average of 4.9%, indicating increasingly attractive rental returns.
Income & Affordability Trends
Average net household income is £34,000, substantially below the national average. The price-to-income ratio currently stands at 5.3x, having widened slightly since 2016 (5.1x), suggesting purchase affordability has tightened marginally. Rental affordability has improved: the rent-to-income ratio has fallen to 28.8% from 29.3% in 2016.
Resident Demographic Profile
B9 has a notably young age structure, with 30.4% under 15—nearly double the national average—and 17.2% aged 16–24, well above the national figure. The 50–64 and 65+ age groups are significantly underrepresented. Housing tenure is dominated by private renting at 27.3% and social renting at 22.8%, both well above national norms. The employment profile is heavily skewed towards elementary occupations (21.1%) and plant/machine operations (15.1%), both markedly higher than national averages, while professional and managerial roles are substantially underrepresented.