At a Glance
Average Property Price - M4
£263,046
31
National percentile
Average Monthly Rent - M
£1,211
64
National percentile
Average Net Household Income - M4
£30,574
9
National percentile
Flat / Maisonette Yield - M
5.8%
64
National percentile
10-Year Annualised Price Growth - M4
5.3%
92
National percentile
10-Year Annualised Rent Growth - M
5.5%
98
National percentile
Property Price & Volume Trends
The average property price in M4 is £263,046, below the national average. However, the district has experienced exceptional price growth over the past decade, with annualised growth of 5.3%—among the fastest nationally. Transaction volumes have fallen significantly, with 305 sales in the latest year compared to an average of 486 over the preceding decade.
Rent & Yield Trends
Average monthly rent in the broader M postcode area is £1,211, slightly above the national midpoint. Rent growth has been remarkably strong at 5.5% per year—among the fastest in the country. Flat yields have improved noticeably, reaching 5.8% in the latest year from a 10-year average of 4.7%, reflecting the combination of rising rents and relatively modest capital values.
Income & Affordability Trends
Average household income in M4 is £30,574, substantially below the national average. The price-to-income ratio of 9.8x has deteriorated significantly since 2016 (when it was 5.9x), reflecting price growth that has substantially outpaced local income levels. Rental affordability has also worsened: the rent-to-income ratio has risen from 31.2% in 2016 to 36.3% today, indicating rental costs now consume a larger share of household income.
Resident Demographic Profile
M4 has an extremely youthful population dominated by young adults: 26.1% are aged 16–24 and 38.6% aged 25–34, compared to national averages of 11.0% and 13.4% respectively. Those aged 50 and over represent just 11.6% of the population, well below the national figure of 39.4%. Housing tenure is dominated by private renting (63.3%), vastly above the national average of 21.7%, while outright ownership (6.6%) is minimal. Employment is skewed heavily towards professionals (33.2%) and technical roles (22.2%), with very few in trades (3.9%) or plant/machine work (2.3%).