At a Glance
Average Property Price - BB11
£144,814
2
National percentile
Average Monthly Rent - BB
£685
7
National percentile
Average Net Household Income - BB11
£30,521
9
National percentile
Flat / Maisonette Yield - BB
5.8%
63
National percentile
10-Year Annualised Price Growth - BB11
5.8%
96
National percentile
10-Year Annualised Rent Growth - BB
3.9%
49
National percentile
Property Price & Volume Trends
At £145,000, BB11 ranks among the cheapest property markets nationally. Despite this low price point, the district has recorded exceptional growth: annualised price rises of 5.8% over the past decade place it among the strongest-performing areas nationally. Transaction activity, however, has slowed; 255 sales in the latest year sit well below the 10-year average of 383 annually.
Rent & Yield Trends
Average monthly rent of £685 is well below the national average, reflecting the area's affordability profile. Rent growth over the past decade has been broadly in line with the national pace at 3.9% annually. The rental yield stands at 5.8%, a meaningful uplift from the 10-year average of 4.7%, signalling improving returns for buy-to-let investors.
Income & Affordability Trends
Average household income of £30,521 is substantially below the national norm, placing the area in the lower income decile nationally. The price-to-income ratio of 3.7x has improved since 2016 (when it stood at 4.0x), making property purchase more affordable despite stagnant wages. Rental affordability has also edged forward: the rent-to-income ratio has fallen slightly from 21.1% to 20.9%, though housing costs still consume a significant share of household budgets.
Resident Demographic Profile
The district has a notably young population, with nearly a quarter under age 15—well above the national average of 17.5%. The 65-and-over share, at 12.7%, is substantially lower than the national figure of 19.6%. Housing tenure is distinctive: private rented accommodation accounts for 31% of homes, significantly higher than the 21.7% national average, while outright ownership at 28% is below the national norm of 33.7%. Employment is skewed towards manual and elementary work: elementary occupations represent 19.2% of the workforce—nearly double the national average—whilst professional roles at 11.2% are less than half the national share.