At a Glance
Average Property Price - UB2
£470,038
77
National percentile
Average Monthly Rent - UB
£1,745
90
National percentile
Average Net Household Income - UB2
£31,454
12
National percentile
Flat / Maisonette Yield - UB
6.4%
92
National percentile
10-Year Annualised Price Growth - UB2
3.9%
62
National percentile
10-Year Annualised Rent Growth - UB
3.5%
23
National percentile
Property Price & Volume Trends
The average property price in UB2 is £470,000, placing it among the most expensive nationally. Over the past decade, prices have grown at 3.9% annually—a slower pace than the UK average. Transaction volumes have declined notably, with 105 sales in the latest year against a 10-year average of 173 per year.
Rent & Yield Trends
Average monthly rents in the broader UB area stand at £1,745, ranking among the highest nationally. Rent growth over ten years has been modest at 3.5% annually, well below the national pace. The flat yield has improved, currently standing at 6.4% compared to a 10-year average of 5.0%, reflecting stronger rental returns in recent years.
Income & Affordability Trends
Average net household income in UB2 is £31,454, significantly below the national average. The price-to-income ratio of 14.0x has deteriorated markedly since 2016 (when it stood at 9.0x), indicating worsening purchase affordability. Rental affordability has improved slightly, with the rent-to-income ratio falling from 38.8% in 2016 to 36.7% today.
Resident Demographic Profile
UB2 has a notably younger age profile, with 21.5% of residents under 15—well above the national average of 17.5%—and fewer older residents at 11% aged 65+. The housing tenure mix is distinctive: private rented accommodation accounts for 27.7% of homes (above the 21.7% national figure), and social rented housing is particularly prevalent at 29.8% against a national 16.5%. Employment is skewed towards elementary occupations at 18.1%—significantly higher than the 10.2% national average—whilst professional and managerial roles are underrepresented.