At a Glance
Average Property Price - BB12
£183,157
8
National percentile
Average Monthly Rent - BB
£685
7
National percentile
Average Net Household Income - BB12
£33,469
22
National percentile
Flat / Maisonette Yield - BB
5.8%
63
National percentile
10-Year Annualised Price Growth - BB12
3.8%
58
National percentile
10-Year Annualised Rent Growth - BB
3.9%
49
National percentile
Property Price & Volume Trends
The average property price in BB12 is £183,000, placing it among the most affordable areas nationally. Over the past decade, prices have grown at 3.8% annually—close to the national average pace. Transaction activity has softened recently, with 483 sales in the latest full year compared to a ten-year average of 624, suggesting a contracting market.
Rent & Yield Trends
Average monthly rents in the broader BB postcode area stand at £685, well below the national average. Rents have grown at 3.9% annually over the past decade, broadly in line with national trends. The flat yield has improved noticeably to 5.8%, up from a ten-year average of 4.7%, reflecting stronger rental returns relative to property values.
Income & Affordability Trends
Average household income of £33,469 is below the national average. The price-to-income ratio has shifted unfavourably from 4.7x in 2016 to 5.2x today, indicating that property purchase affordability has weakened. Rental affordability, by contrast, has improved slightly: the rent-to-income ratio has fallen from 21.1% to 20.9%, suggesting renters are spending marginally less of their income on housing.
Resident Demographic Profile
The age profile is close to national norms across most bands. Housing tenure shows a marginally higher rate of private rented occupation (24.1% versus 21.7% nationally) and a notably lower share of social rented homes (12.5% versus 16.5%). The employment mix is broadly balanced, though elementary occupations are somewhat overrepresented at 12% compared to 10.2% nationally, while professional roles are underrepresented at 16% against 20.5% nationally.