At a Glance
Average Property Price - WA5
£268,273
33
National percentile
Average Monthly Rent - WA
£900
34
National percentile
Average Net Household Income - WA5
£37,864
48
National percentile
Flat / Maisonette Yield - WA
4.9%
18
National percentile
10-Year Annualised Price Growth - WA5
4.8%
85
National percentile
10-Year Annualised Rent Growth - WA
4.2%
66
National percentile
Property Price & Volume Trends
The average property price in WA5 is £268,000, placing it below the national average. Over the past decade, however, the area has seen strong price growth of 4.8% annually—among the fastest in the UK. Transaction activity has slowed recently, with 718 sales in the latest year compared to a 10-year average of 965, reflecting typical post-pandemic market normalisation.
Rent & Yield Trends
Average monthly rents in the wider WA area stand at £900, below the national midpoint. Rental growth over ten years has been moderate at 4.2% annually, slightly above the national average. The flat yield has improved meaningfully, now at 4.9% compared to a 10-year average of 4.0%, suggesting growing rental demand relative to property prices.
Income & Affordability Trends
Household incomes in WA5 are close to the national average at £38,000. Purchase affordability has become noticeably stretched: the price-to-income ratio has risen to 7.2x from 5.4x in 2016, indicating prices have grown significantly faster than incomes. Rental affordability has also deteriorated, with rent consuming 25% of average household income compared to 23% in 2016.
Resident Demographic Profile
The area skews slightly older, with a below-average share of 16–24 year-olds (9.2% vs 11% nationally) and a notably larger 35–49 age group (21% vs 19% nationally). Owner-occupation is strong, particularly among mortgaged households at 36% versus 27% nationally, whilst private rental is proportionally lower. The employment profile is relatively balanced, though the area has a notably higher share of elementary workers (12% vs 10% nationally) and fewer skilled trades (8% vs 11% nationally).