At a Glance
Average Property Price - BB4
£239,937
25
National percentile
Average Monthly Rent - BB
£685
7
National percentile
Average Net Household Income - BB4
£35,134
32
National percentile
Flat / Maisonette Yield - BB
5.8%
63
National percentile
10-Year Annualised Price Growth - BB4
4.8%
86
National percentile
10-Year Annualised Rent Growth - BB
3.9%
49
National percentile
Property Price & Volume Trends
The latest average property price in BB4 is £240,000, placing it well below the national average and among the most affordable areas in Britain. Over the past decade, prices have grown at 4.8% per year—significantly faster than the national trend, demonstrating sustained upward momentum. Transaction activity has eased slightly, with 589 sales in the latest full year compared to a 10-year average of 683, a modest decline of 14%.
Rent & Yield Trends
Average monthly rent stands at £685, placing the area among the cheapest rental markets in the UK. Rental growth over the past decade has been steady at 3.9% per year—in line with the national pace. The flat yield has improved notably to 5.8%, well above its 10-year average of 4.7%, signalling strengthening rental returns for investors.
Income & Affordability Trends
Average household income is £35,134, below the national median and in the lower third nationally. The purchase affordability picture has tightened: the price-to-income ratio now stands at 6.4x, up from 5.4x in 2016, meaning properties have become less affordable relative to local earnings. Rental affordability has remained broadly stable, with the rent-to-income ratio at 20.9% compared to 21.1% in 2016.
Resident Demographic Profile
The age profile skews slightly older than national averages, with those aged 50–64 representing 21% of the population against a national figure of 19.8%, and 65+ accounting for 18.8% versus 19.6% nationally. The housing tenure mix shows stronger mortgage ownership (32.7% vs 27.0% nationally) and higher outright ownership (34.1% vs 33.7% nationally), reflecting a population of established homeowners. The employment structure is broadly in line with national patterns, with no striking deviations in occupational mix.