At a Glance
Average Property Price - WA4
£369,466
60
National percentile
Average Monthly Rent - WA
£900
34
National percentile
Average Net Household Income - WA4
£39,618
56
National percentile
Flat / Maisonette Yield - WA
4.9%
18
National percentile
10-Year Annualised Price Growth - WA4
4.1%
70
National percentile
10-Year Annualised Rent Growth - WA
4.2%
66
National percentile
Property Price & Volume Trends
The latest average property price in WA4 stands at £369,000, positioning it around the middle of the national market. Over the past decade, prices have grown at 4.1% annually—a solid pace that sits above the national average. Transaction activity has eased, with 736 sales in the latest full year compared to an average of 852 over the previous ten years, suggesting a modestly quieter market.
Rent & Yield Trends
Average monthly rent across the wider WA postcode area is £900, which is notably below the national average. Rental growth has been robust at 4.2% per year, outpacing most regions across the country. The flat yield currently stands at 4.9%, a marked improvement from the 10-year average of 4.0%, reflecting strengthening returns for landlords despite the slower rent base.
Income & Affordability Trends
Average household income of £39,618 sits slightly above the national median, indicating a middle-income area. The price-to-income ratio has deteriorated to 9.3x from 7.1x a decade ago, signalling that property has become less affordable relative to earnings. Rental affordability has also weakened, with rent now consuming 25.1% of income compared to 23.3% in 2016.
Resident Demographic Profile
The area has a notably higher share of people aged 35–49 and 50–64 (both 20.6%) and a below-average proportion aged 16–24 (8.9%), suggesting an ageing, settled population. Mortgage ownership is above average at 30.6%, and shared ownership is markedly low at 0.7%. The employment profile skews towards professional, managerial, and technical roles (49% combined), while trades employment is below average at 8.1%.