At a Glance
Average Property Price - M26
£218,978
17
National percentile
Average Monthly Rent - M
£1,211
64
National percentile
Average Net Household Income - M26
£32,017
14
National percentile
Flat / Maisonette Yield - M
5.8%
64
National percentile
10-Year Annualised Price Growth - M26
5.0%
89
National percentile
10-Year Annualised Rent Growth - M
5.5%
98
National percentile
Property Price & Volume Trends
The latest average property price in M26 is £219,000, well below the national average and among the most affordable across the UK. The district has seen strong price growth over the past decade, with an annualised rate of 5.0% — significantly above the national pace. Transaction activity has slowed relative to its 10-year average, with 373 sales in the latest year compared to an annual average of 487.
Rent & Yield Trends
Monthly rents in the wider M postcode area average £1,211, slightly above the national median. Rental growth has been exceptionally strong, with a 10-year annualised rate of 5.5% — among the fastest nationally. The flat yield stands at 5.8%, notably higher than its 10-year average of 4.7%, reflecting improving returns for landlords.
Income & Affordability Trends
Average net household income in M26 is £32,017, significantly below the national average and among the lowest nationally. The price-to-income ratio currently stands at 6.1x, indicating that affordability has worsened since 2016 when the ratio was 5.2x. Rental affordability has also deteriorated; renters now spend 36.3% of income on rent compared to 31.2% in 2016.
Resident Demographic Profile
M26 has a noticeably younger age profile than the national average, with 20.3% of residents under 15 — above the UK norm of 17.5%. Social rented tenure is significantly higher at 22.9% against a national average of 16.5%, while outright ownership is lower at 26.7%. The employment mix shows notably higher proportions in caring roles (11.5% vs 9.2% nationally) and elementary occupations (11.7% vs 10.2%), offset by below-average representation in professional roles.