At a Glance
Average Property Price - BD5
£120,638
1
National percentile
Average Monthly Rent - BD
£735
15
National percentile
Average Net Household Income - BD5
£30,766
10
National percentile
Flat / Maisonette Yield - BD
5.7%
57
National percentile
10-Year Annualised Price Growth - BD5
4.6%
82
National percentile
10-Year Annualised Rent Growth - BD
3.7%
40
National percentile
Property Price & Volume Trends
At £121,000, BD5 ranks among the cheapest areas nationally for property prices. Over the past decade, the district has achieved annualised growth of 4.6%, placing it among the stronger performers nationally. Transaction activity has slowed recently, with 160 sales recorded in the latest year compared to a 10-year average of 195 per annum.
Rent & Yield Trends
Monthly rents average £735 across the broader BD postcode, well below the national average. Rental growth over the past decade has been moderate at 3.7% per year, slightly below the national pace. The flat yield currently stands at 5.7%, marginally above its 10-year average of 5.4%, indicating a modest improvement in rental returns.
Income & Affordability Trends
Average household income at £30,766 is significantly below the national average, placing the district among the lower-income areas nationally. The price-to-income ratio remains stable at 3.7x, unchanged since 2016, reflecting affordability in absolute terms. However, rental affordability has tightened slightly: the rent-to-income ratio has risen from 24% in 2016 to 25.5% today, indicating that rental costs now consume a marginally larger share of household income.
Resident Demographic Profile
The population is notably young, with 28.5% aged under 15—well above the national average of 17.5%—and those aged 16–24 also overrepresented at 15.6%. Conversely, the 50–64 age group is significantly underrepresented at 12.7% versus the national 19.8%, and the 65+ population is particularly low at 8%. Housing tenure reveals heavy reliance on the private rental sector at 33.9% versus the national 21.7%, while outright ownership is notably below average at 23.8%. Employment is heavily weighted towards elementary occupations (22%, nearly double the national 10.2%) and plant/machine operation (13.9% versus the national 6.6%), reflecting the area's industrial heritage. Professional and managerial occupations are underrepresented, whilst caring roles and sales are both above average.