At a Glance
Average Property Price - B96
£477,780
78
National percentile
Average Monthly Rent - B
£1,056
53
National percentile
Average Net Household Income - B96
£43,098
70
National percentile
Flat / Maisonette Yield - B
6.3%
87
National percentile
10-Year Annualised Price Growth - B96
4.5%
80
National percentile
10-Year Annualised Rent Growth - B
4.4%
77
National percentile
Property Price & Volume Trends
The latest average price of £478,000 places B96 among the more expensive areas nationally. Over the past decade, prices have grown at 4.5% annually—a solid rate that matches the top fifth of all UK postcode districts. Transaction activity has slowed considerably, with 50 sales in the latest year against a 10-year average of 84, suggesting a tighter market.
Rent & Yield Trends
Average monthly rent of £1,056 sits close to the national midpoint, neither notably high nor low. Rents have grown at 4.4% annually over ten years, which is among the stronger performers nationally. The current flat yield of 6.3% is substantially above its 10-year average of 4.9%, reflecting improving returns for investors—a marked upward shift in rental value relative to property price.
Income & Affordability Trends
Household income in B96 averages £43,098, placing it in the upper two-thirds nationally. The price-to-income ratio of 9.9x has worsened slightly from 9.4x in 2016, indicating that property prices have outpaced income growth. Rental affordability has improved modestly, with the rent-to-income ratio falling from 29.3% to 28.8%, though it remains relatively stretched.
Resident Demographic Profile
The population skews notably older, with over a quarter aged 65 and above—well above the national average of 19.6%—while those aged 16–24 are significantly underrepresented at 7.9% versus 11.0% nationally. Housing tenure is dominated by outright ownership at 44%, far exceeding the national average of 33.7%, alongside a strong mortgage-holding cohort at 34.3%. The employment profile is weighted toward managers and professionals, who together represent 41.5% of the workforce, notably higher than the combined national figure of 33.9%, while elementary occupations are markedly below average.