At a Glance
Average Property Price - BL5
£249,788
28
National percentile
Average Monthly Rent - BL
£893
33
National percentile
Average Net Household Income - BL5
£35,171
32
National percentile
Flat / Maisonette Yield - BL
6.7%
98
National percentile
10-Year Annualised Price Growth - BL5
4.8%
87
National percentile
10-Year Annualised Rent Growth - BL
5.3%
96
National percentile
Property Price & Volume Trends
The average property price in BL5 is £250,000, placing it below the national average. However, the district has experienced strong price growth over the past decade, with annualised appreciation of 4.8% — among the fastest growth rates nationally. Transaction activity has moderated recently, with 395 sales in the latest year compared to a 10-year average of 483 annually.
Rent & Yield Trends
Average monthly rent stands at £893, below the national median, reflecting the district's affordable positioning. Rental growth has been notably robust, with 10-year annualised increases of 5.3%, among the strongest in the country. Flat yields have improved to 6.7%, a meaningful rise from the 10-year average of 5.7%, signalling strengthening returns for landlords.
Income & Affordability Trends
Average household income is £35,171, below the national average, placing the district among lower-income areas. The price-to-income ratio has deteriorated from 5.1x in 2016 to 6.8x today, indicating reduced purchase affordability despite modest income levels. Rental affordability has also weakened, with the rent-to-income ratio rising from 23.9% to 26.3%, meaning renters are spending a larger share of income on housing.
Resident Demographic Profile
The population skews older than average, with those aged 50–64 representing 21.8% of residents against a national average of 19.8%. Housing tenure reflects a strong preference for owner-occupation: 35.1% own with a mortgage and 36.3% own outright, together significantly above national norms, while private renting is notably underrepresented at 13.8%. The employment profile is broadly balanced, with a slight concentration in technical roles (14%) and administrative work (10.7%), offset by lower representation in elementary occupations.