At a Glance
Average Property Price - M44
£236,334
23
National percentile
Average Monthly Rent - M
£1,211
64
National percentile
Average Net Household Income - M44
£33,736
23
National percentile
Flat / Maisonette Yield - M
5.8%
64
National percentile
10-Year Annualised Price Growth - M44
6.5%
98
National percentile
10-Year Annualised Rent Growth - M
5.5%
98
National percentile
Property Price & Volume Trends
The latest average property price in M44 is £236,000, placing it well below the national average—among the cheaper districts nationally. Over the past decade, however, prices have grown at 6.5% annually, which ranks among the fastest growth rates in the country. Transaction activity has been relatively steady, with 253 sales in the latest full year compared to a 10-year average of 271, indicating stable demand.
Rent & Yield Trends
Average monthly rents in the broader M postcode area stand at £1,211, slightly above the national midpoint. Rental growth over the past decade has been strong at 5.5% annually, outpacing most regions nationally. The flat yield has improved noticeably, now standing at 5.8% against a 10-year average of 4.7%, reflecting the attractive returns available to buy-to-let investors in this market.
Income & Affordability Trends
Average household income in M44 is £33,736, below the national average. The price-to-income ratio has deteriorated since 2016, rising from 5.3x to 6.6x, indicating that property has become less affordable relative to local earnings despite the low absolute price level. Rental affordability has similarly worsened; the rent-to-income ratio has increased from 31.2% to 36.3%, meaning renters now dedicate a notably larger share of their income to housing costs.
Resident Demographic Profile
The area has a notably higher proportion of children under 15 (21% vs a national average of 17.5%), suggesting strong family demographic appeal. The 16–24 age group is underrepresented at 9.3% compared to 11.0% nationally. Housing tenure shows a much higher rate of mortgage ownership at 34% versus the national 27.0%, while social rented housing is markedly above average at 21.8% versus 16.5%. The employment profile is distinctive for lower professional representation (14.7% vs 20.5% nationally) and elevated elementary work (12% vs 10.2%), reflecting a working-class character.