At a Glance
Average Property Price - BB1
£186,160
9
National percentile
Average Monthly Rent - BB
£685
7
National percentile
Average Net Household Income - BB1
£30,392
8
National percentile
Flat / Maisonette Yield - BB
5.8%
63
National percentile
10-Year Annualised Price Growth - BB1
3.8%
58
National percentile
10-Year Annualised Rent Growth - BB
3.9%
49
National percentile
Property Price & Volume Trends
The latest average property price in BB1 is £186,000, placing it among the most affordable districts nationally. Over the past decade, prices have grown at 3.8% annually—broadly in line with the national trend. Transaction volumes have moderated recently, with 538 sales in the latest full year compared to a 10-year average of 666, reflecting a slowdown in market activity.
Rent & Yield Trends
Average monthly rent stands at £685, well below the national average and among the cheapest rental markets in the UK. Rental growth over the past decade has been measured at 3.9% annually, close to the national pace. Buy-to-let yields have strengthened meaningfully, reaching 5.8% in the latest year against a 10-year average of 4.7%, signalling improving investor returns.
Income & Affordability Trends
Average net household income of £30,392 is significantly below the national average, reflecting the area's lower-income demographic profile. The price-to-income ratio has risen to 6.0x from 5.0x in 2016, indicating that affordability for owner-occupation has tightened over the past eight years. Rental affordability has shown modest improvement: the rent-to-income ratio has eased to 20.9% from 21.1% in 2016, though rental costs remain a substantial household burden.
Resident Demographic Profile
BB1 has a notably younger population, with over a quarter of residents under 15—well above the national average of 17.5%—and a correspondingly lower proportion of those aged 65 and over. The area shows markedly higher reliance on social rented housing at 26% compared to the national figure of 16.5%, alongside below-average owner-occupation rates. Employment is skewed towards elementary and caring occupations, and notably towards sales and plant/machine operatives, with underrepresentation among professional and managerial roles.