At a Glance
Average Property Price - M13
£224,189
19
National percentile
Average Monthly Rent - M
£1,211
64
National percentile
Average Net Household Income - M13
£27,999
5
National percentile
Flat / Maisonette Yield - M
5.8%
64
National percentile
10-Year Annualised Price Growth - M13
5.5%
94
National percentile
10-Year Annualised Rent Growth - M
5.5%
98
National percentile
Property Price & Volume Trends
The average property price in M13 is £224,189, placing it well below the national average. However, the district has delivered strong price growth over the past decade, with annualised increases of 5.5% — among the fastest nationally. Transaction volumes have fallen significantly, with 53 sales in the latest year compared to a 10-year average of 110, reflecting a recent slowdown in market activity.
Rent & Yield Trends
Average monthly rent in the broader M postcode area stands at £1,211, just above the national midpoint. Rental growth has been exceptionally robust at 5.5% per year over the past decade — among the strongest in the country. The flat yield has risen to 5.8%, notably above its 10-year average of 4.7%, indicating improving returns for buy-to-let investors.
Income & Affordability Trends
Average net household income in M13 is £27,999, significantly below the national average, placing it in the lowest income percentile nationally. The price-to-income ratio of 9.2x is elevated and has worsened substantially since 2016 (when it stood at 6.5x), pointing to reduced purchase affordability. Rental affordability has also deteriorated, with the rent-to-income ratio rising from 31.2% in 2016 to 36.3% today, indicating that renters are spending a larger share of income on housing.
Resident Demographic Profile
M13 has a striking youth skew: those aged 16–24 make up nearly 30% of the population, more than two-and-a-half times the national average, reflecting the area's large student population. Conversely, the over-65 population at 5.6% is well below the national figure. Housing tenure is heavily weighted towards private renting (33.9%) and social renting (42.8%), with home ownership — both outright and mortgaged — far below national norms. The employment profile is skewed towards elementary roles (17.5%) and sales positions (12.1%), while managerial roles are notably underrepresented at 5.5%.