At a Glance
Average Property Price - BL4
£184,582
8
National percentile
Average Monthly Rent - BL
£893
33
National percentile
Average Net Household Income - BL4
£30,390
8
National percentile
Flat / Maisonette Yield - BL
6.7%
98
National percentile
10-Year Annualised Price Growth - BL4
6.9%
99
National percentile
10-Year Annualised Rent Growth - BL
5.3%
96
National percentile
Property Price & Volume Trends
Properties in BL4 are among the cheapest nationally, with an average price of £185,000. Despite this affordability, the area has seen exceptional growth over the past decade, with prices rising at an annualised rate of 6.9%—among the fastest in the country. Transaction activity has moderated, with 298 sales last year compared to a 10-year average of 379 annually.
Rent & Yield Trends
Average monthly rent of £893 sits below the national mid-point. Rents have grown at 5.3% annually over ten years, placing the area among the strongest performers nationally. The flat yield of 6.7% is notably higher than its 10-year average of 5.7%, reflecting improving returns for buy-to-let investors.
Income & Affordability Trends
Average household income of £30,390 is well below the national average. The price-to-income ratio of 5.4x has deteriorated since 2016 (when it stood at 4.1x), indicating that property has become less affordable relative to earnings. Rental affordability has also worsened, with rent-to-income rising from 23.9% in 2016 to 26.3% today.
Resident Demographic Profile
The area has a notably higher proportion of children under 15 (21.6% vs 17.5% nationally) and a correspondingly lower share of pensioners. Social rented housing is significantly above average at 25.2%, reflecting stronger reliance on the social housing sector. The employment mix is distinctive, with notably higher shares in trades (12.1%), elementary roles (13.6%), and caring professions (11.3%), offset by lower representation among professionals and managers.