At a Glance
Average Property Price - UB3
£430,045
72
National percentile
Average Monthly Rent - UB
£1,745
90
National percentile
Average Net Household Income - UB3
£47,613
83
National percentile
Flat / Maisonette Yield - UB
6.4%
92
National percentile
10-Year Annualised Price Growth - UB3
4.0%
66
National percentile
10-Year Annualised Rent Growth - UB
3.5%
23
National percentile
Property Price & Volume Trends
The average property price in UB3 is £430,000, placing it among the most expensive areas nationally. Over the past decade, prices have grown at 4.0% annually — slightly above the typical pace for the UK overall. Transaction activity has slowed considerably, with 201 sales recorded in the latest year compared to a 10-year annual average of 364, reflecting a marked contraction in market momentum.
Rent & Yield Trends
Rents in the broader UB postcode area average £1,745 per month, which is among the highest nationally. Rental growth over ten years has run at 3.5% annually — notably slower than the UK average, suggesting landlords in this area have faced restrained tenant demand. The current flat yield of 6.4% is meaningfully above its 10-year average of 5.0%, indicating improving returns for buy-to-let investors despite softer rental growth.
Income & Affordability Trends
Average household income in UB3 stands at £47,613, placing the area well above the national median. However, affordability pressures have intensified: the price-to-income ratio has risen from 7.8x in 2016 to 8.2x today, making properties increasingly stretched relative to local earning power. Rental affordability has improved slightly, with the rent-to-income ratio falling from 38.8% in 2016 to 36.7%, though renters here still spend a substantial share of income on housing.
Resident Demographic Profile
The area has a notably young family character, with 23% of residents under 15 — well above the national average of 17.5% — and a large 35–49 age group at 23.9%. Private renting is dominant, accounting for 35.9% of tenure compared to the national figure of 21.7%, whilst outright ownership at 17% is significantly below the national norm of 33.7%. The employment profile skews towards elementary and manual work, with 17.6% in elementary roles and 10.5% in plant and machinery occupations, both well above national averages.