At a Glance
Average Property Price - WA2
£208,079
14
National percentile
Average Monthly Rent - WA
£900
34
National percentile
Average Net Household Income - WA2
£32,471
16
National percentile
Flat / Maisonette Yield - WA
4.9%
18
National percentile
10-Year Annualised Price Growth - WA2
4.9%
87
National percentile
10-Year Annualised Rent Growth - WA
4.2%
66
National percentile
Property Price & Volume Trends
The average property price in WA2 is £208,000, placing it among the least expensive areas nationally. Over the past decade, prices have grown at 4.9% annually—significantly faster than the national average. However, transaction activity has slowed: the latest year saw 360 sales, down from a 10-year average of 436 per year.
Rent & Yield Trends
Average monthly rent in the broader WA postcode area is £900, below the national midpoint. Rents have risen at 4.2% per year over ten years, slightly ahead of the national pace. The flat yield currently stands at 4.9%, up from a 10-year average of 4.0%, indicating improving returns for landlords.
Income & Affordability Trends
Average household net income is £32,471, placing the area below the national average. The price-to-income ratio has risen from 5.2x in 2016 to 6.4x today, suggesting purchase affordability has tightened. Rental affordability has also worsened, with the rent-to-income ratio climbing from 23.3% to 25.1% over the same period.
Resident Demographic Profile
The area has a notably higher proportion of residents in elementary occupations (17.8% versus 10.2% nationally) and a larger social rented housing sector (25.5% versus 16.5%), indicating a more economically disadvantaged demographic profile. Conversely, it has far fewer professionals (13.6% versus 20.5%) and significantly fewer managers (8.7% versus 13.4%). The age profile is relatively balanced, though with slightly fewer young adults aged 16–24.