At a Glance
Average Property Price - BL9
£238,861
24
National percentile
Average Monthly Rent - BL
£893
33
National percentile
Average Net Household Income - BL9
£33,226
21
National percentile
Flat / Maisonette Yield - BL
6.7%
98
National percentile
10-Year Annualised Price Growth - BL9
5.8%
96
National percentile
10-Year Annualised Rent Growth - BL
5.3%
96
National percentile
Property Price & Volume Trends
The average property price in BL9 is £239,000, placing it well below the national average and among the more affordable areas nationally. Over the past decade, prices have grown at 5.8% per year, which is among the fastest growth rates in the country—a sharp contrast to the modest price level itself. Transaction activity has softened slightly, with 529 sales in the latest year compared to a 10-year average of 629, suggesting a modest cooling in buyer demand.
Rent & Yield Trends
Average monthly rent is £893, below the national average and among the cheaper rental markets. Rental growth has been strong at 5.3% per year over the decade, outpacing most areas nationally. The current flat yield of 6.7% is notably above its 10-year average of 5.7%, signalling an improving rental return for investors despite the relatively modest rent levels.
Income & Affordability Trends
Average household income is £33,226, well below the national average and placing the area among lower-income districts. The price-to-income ratio of 6.5x has deteriorated since 2016 (when it stood at 5.5x), meaning homes have become less affordable relative to local earnings despite the modest absolute price level. Rental affordability has similarly worsened: the rent-to-income ratio has risen from 23.9% to 26.3%, indicating a larger share of household income is now required to cover rent.
Resident Demographic Profile
The population skews noticeably younger than the national average, with over a fifth (21.5%) aged under 15, compared to the national figure of 17.5%. Employment is distinctive in its heavy weighting towards elementary roles (12.4% against the national 10.2%) and caring professions (10.7% versus 9.2%), reflecting the presence of lower-skilled and care sector workers. Professional roles are significantly underrepresented at 16.5% compared to the national 20.5%, confirming the area's character as a working and family-oriented rather than affluent district.