At a Glance
Average Property Price - M32
£302,489
42
National percentile
Average Monthly Rent - M
£1,211
64
National percentile
Average Net Household Income - M32
£36,133
38
National percentile
Flat / Maisonette Yield - M
5.8%
64
National percentile
10-Year Annualised Price Growth - M32
6.1%
97
National percentile
10-Year Annualised Rent Growth - M
5.5%
98
National percentile
Property Price & Volume Trends
The latest average property price in M32 is £302,000, placing it slightly below the national midpoint. Over the past decade, the district has experienced exceptionally strong price growth at 6.1% per year—among the fastest-growing postcodes nationally. Transaction activity has slowed recently, with 284 sales in the latest full year compared to a 10-year average of 365, reflecting softer market conditions.
Rent & Yield Trends
Average monthly rent in the broader M postcode area stands at £1,211, positioning it above the national median. Rents have grown at 5.5% annually over the past decade, substantially faster than the national average. The flat yield has improved markedly, rising from a 10-year average of 4.7% to 5.8% in the latest year, reflecting stronger rental demand relative to capital values.
Income & Affordability Trends
Average household net income in M32 is £36,133, below the national average. The price-to-income ratio has widened to 7.9x from 6.5x in 2016, indicating that property has become less affordable relative to local earnings over this period. Rental affordability has also deteriorated: the rent-to-income ratio has risen from 31.2% to 36.3%, meaning tenants now spend a noticeably larger share of income on housing.
Resident Demographic Profile
The district skews toward families and working-age residents. The 35–49 age group is notably overrepresented at 23%, and those under 15 at 21%, both well above national averages. By contrast, the 65+ population is below average at 14%. Housing tenure is markedly different: owner-occupation with a mortgage (34%) is significantly higher than the national norm, while outright ownership (28%) is lower. Professional employment is notably strong at 25%, well above the national average, alongside above-average technical roles (16%).