At a Glance
Average Property Price - BB18
£179,038
7
National percentile
Average Monthly Rent - BB
£685
7
National percentile
Average Net Household Income - BB18
£34,686
30
National percentile
Flat / Maisonette Yield - BB
5.8%
63
National percentile
10-Year Annualised Price Growth - BB18
3.4%
45
National percentile
10-Year Annualised Rent Growth - BB
3.9%
49
National percentile
Property Price & Volume Trends
The latest average property price in BB18 is £179,000, placing it among the cheapest areas nationally. Over the past decade, prices have grown at 3.4% annually—broadly in line with the national average. Transaction activity has eased slightly, with 285 sales in the latest full year compared to a 10-year annual average of 327.
Rent & Yield Trends
The average monthly rent across the broader BB postcode area is £685, well below the national average. Rents have grown at 3.9% annually over ten years, broadly matching national trends. The flat yield has strengthened to 5.8%, up from a ten-year average of 4.7%, reflecting improving returns for landlords.
Income & Affordability Trends
Average household income in BB18 is £34,686, notably below the national average. The price-to-income ratio stands at 5.3x, slightly elevated compared to 5.0x in 2016, indicating a modest deterioration in purchase affordability. Rental affordability has improved marginally: the rent-to-income ratio is now 20.9%, down from 21.1% in 2016.
Resident Demographic Profile
The population skews notably older, with those aged 50–64 and 65+ each accounting for around one-fifth—well above national averages. Conversely, young adults aged 16–24 are significantly underrepresented at 8.4% versus 11.0% nationally. Outright home ownership is above average at 40.2%, while mortgage ownership at 31.3% is also elevated; social renting is particularly low at 8.3%. The employment mix is distinctive for a higher proportion in skilled trades at 15.3% and a notably lower share of professionals at 14.8%.