At a Glance
Average Property Price - M17
£225,000
19
National percentile
Average Monthly Rent - M
£1,211
64
National percentile
Average Net Household Income - M17
£34,298
27
National percentile
Flat / Maisonette Yield - M
5.8%
64
National percentile
10-Year Annualised Rent Growth - M
5.5%
98
National percentile
Property Price & Volume Trends
The average property price in M17 is £225,000, placing it well below the national average—among the least expensive districts nationally. Transaction activity has fallen sharply; just one sale was recorded in the latest full year, compared with an average of 47 annually over the past decade, suggesting very limited market activity in recent periods.
Rent & Yield Trends
Average monthly rent in the M postcode area is £1,211, slightly above the national middle point. Rental growth has been exceptionally strong at 5.5% annually over ten years—among the fastest nationally. The flat yield currently stands at 5.8%, a marked improvement on the ten-year average of 4.7%, indicating strengthening returns for landlords.
Income & Affordability Trends
Average net household income is £34,298, notably below the national average. The price-to-income ratio of 6.2x suggests reasonable purchase affordability for the area. However, rental affordability has deteriorated: the rent-to-income ratio has risen from 31.2% in 2016 to 36.3% today, indicating that tenants are spending a noticeably larger share of income on rent.
Resident Demographic Profile
The population skews slightly older, with above-average shares of those aged 35–49 (20.9% vs 18.7% nationally) and 50–64 (20.8% vs 19.8%). Housing tenure is notably owner-occupied: 76.8% of households own their home either outright or with a mortgage, well above the national figure of 60.7%. The employment profile is dominated by professionals (24.1% vs 20.5% nationally) and technical roles (14.6% vs 13.2%), while trades and elementary occupations are underrepresented.