At a Glance
Average Property Price - BB2
£205,895
14
National percentile
Average Monthly Rent - BB
£685
7
National percentile
Average Net Household Income - BB2
£30,753
10
National percentile
Flat / Maisonette Yield - BB
5.8%
63
National percentile
10-Year Annualised Price Growth - BB2
5.2%
91
National percentile
10-Year Annualised Rent Growth - BB
3.9%
49
National percentile
Property Price & Volume Trends
The average property price in BB2 is £206,000, well below the national average and among the cheapest nationally. Over the past decade, prices have grown at 5.2% per year—significantly faster than the national average, outpacing most of the country. Transaction volumes have softened slightly, with 768 sales in the latest year compared to a 10-year average of 820, suggesting a modest recent dip in activity.
Rent & Yield Trends
Average monthly rents stand at £685, among the cheapest in the UK. Over ten years, rents have grown at 3.9% annually, tracking close to the national pace. The flat yield has strengthened to 5.8%, up from a 10-year average of 4.7%, indicating improving returns for landlords in recent times.
Income & Affordability Trends
Average household income is £31,000, significantly below the national average and among the lowest nationally. The price-to-income ratio has widened from 5.1x in 2016 to 6.5x today, making property ownership less affordable relative to local earnings. Rental affordability has marginally improved: the rent-to-income ratio has eased from 21.1% to 20.9%, suggesting rents are taking up a slightly smaller share of household budgets.
Resident Demographic Profile
The area has a notably higher proportion of children under 15 (22.5% versus 17.5% nationally) and a younger 35–49 age group (20.1% versus 18.7%), reflecting family-oriented settlement. Social renting is significantly above average at 24.9% compared to 16.5% nationally, indicating substantial public housing provision. The employment profile is weighted towards elementary occupations (12.1% versus 10.2%) and caring roles (11.8% versus 9.2%), while professional and managerial occupations are underrepresented, reflecting the district's working-class economic base.