At a Glance
Average Property Price - B94
£597,314
89
National percentile
Average Monthly Rent - B
£1,056
53
National percentile
Average Net Household Income - B94
£49,566
88
National percentile
Flat / Maisonette Yield - B
6.3%
87
National percentile
10-Year Annualised Price Growth - B94
1.3%
4
National percentile
10-Year Annualised Rent Growth - B
4.4%
77
National percentile
Property Price & Volume Trends
The average property price in B94 is £597,000, placing it among the most expensive districts nationally. However, over the past decade, prices have grown at just 1.3% per year—well below the national average, indicating sluggish capital appreciation despite the premium valuation. Transaction activity has slowed considerably: 72 sales were recorded in the latest full year, down from a 10-year average of 106, suggesting reduced market turnover.
Rent & Yield Trends
Within the broader B postcode area, average monthly rent stands at £1,056, close to the national median. Rent growth over the past decade has been robust at 4.4% per year, outpacing most regions. Flat yield currently sits at 6.3%, a meaningful improvement from the 10-year average of 4.9%, reflecting a shift towards better returns for buy-to-let investors as rents have climbed faster than capital values.
Income & Affordability Trends
Average household income of £49,566 ranks among the highest nationally, reflecting the area's affluent character. However, affordability has deteriorated markedly: the price-to-income ratio has risen from 13.3x in 2016 to 17.8x today, indicating properties have become substantially harder to purchase relative to earnings. Rental affordability has marginally improved, with the rent-to-income ratio easing from 29.3% in 2016 to 28.8% currently.
Resident Demographic Profile
The population is notably older than average, with those aged 50–64 and 65+ comprising 22.5% and 22.6% respectively, compared to national averages of 19.8% and 19.6%. Conversely, young adults aged 16–24 are significantly underrepresented at 8.3% against 11.0% nationally. Owner-occupation is very strong: 42.1% own outright and a further 37.3% own with a mortgage, together accounting for nearly 80% of all households against a combined national norm of 60.7%. Professionals and managers dominate the employment mix, representing 26.4% and 24.4% of the workforce respectively—well above national norms of 20.5% and 13.4%.