At a Glance
Average Property Price - BB10
£159,725
4
National percentile
Average Monthly Rent - BB
£685
7
National percentile
Average Net Household Income - BB10
£31,728
13
National percentile
Flat / Maisonette Yield - BB
5.8%
63
National percentile
10-Year Annualised Price Growth - BB10
4.9%
88
National percentile
10-Year Annualised Rent Growth - BB
3.9%
49
National percentile
Property Price & Volume Trends
The latest average property price stands at £160,000, placing it among the cheapest in the UK. Over the past decade, prices have grown at an annualised rate of 4.9%, which is significantly faster than the national average and reflects a period of sustained growth from a low base. Transaction activity in the latest year totalled 502 sales, slightly below the 10-year average of 588 per annum.
Rent & Yield Trends
Average monthly rent in the broader BB postcode area is £685, well below the national average and among the lowest in the country. Rental growth over 10 years has been steady at 3.9% per annum—close to the national pace. The flat yield currently stands at 5.8%, notably above its 10-year average of 4.7%, indicating improving returns for buy-to-let investors in recent years.
Income & Affordability Trends
Average net household income is £31,728, significantly below the national average and among the lowest regionally. The price-to-income ratio has risen to 5.0x from 4.2x in 2016, signalling that home purchase affordability has deteriorated materially over the past eight years. Rental affordability has improved slightly, with the rent-to-income ratio falling from 21.1% to 20.9%, leaving renters in a marginally better position.
Resident Demographic Profile
The population skews notably younger, with over a fifth aged under 15 compared to the national average of 17.5%. Employment is heavily concentrated in elementary and trades occupations, which together account for nearly 29% of the workforce—nearly triple the national proportion—while professional and managerial roles are substantially underrepresented. Housing tenure shows higher-than-average private rental occupancy at 26.7% and notably lower social rented housing at 12.8%, reflecting a shift towards the private rental market.