At a Glance
Average Property Price - WV10
£226,266
20
National percentile
Average Monthly Rent - WV
£903
35
National percentile
Average Net Household Income - WV10
£33,760
24
National percentile
Flat / Maisonette Yield - WV
6.7%
98
National percentile
10-Year Annualised Price Growth - WV10
5.8%
95
National percentile
10-Year Annualised Rent Growth - WV
4.8%
92
National percentile
Property Price & Volume Trends
The average property price of £226,000 sits well below the national average, placing it among the more affordable areas nationally. Over the past decade, however, WV10 has experienced notably strong price growth of 5.8% per year—substantially above the typical pace seen across England. Transaction activity has slowed recently, with 392 sales recorded in the latest year compared to a 10-year average of 583 per year.
Rent & Yield Trends
Average monthly rent of £903 is below the national midpoint, reflecting the area's affordability profile. Rental growth over the past decade has been robust at 4.8% annually, outpacing typical national trends. The flat yield currently stands at 6.7%, a meaningful improvement on the 10-year average of 5.6%, suggesting rental income has become more attractive relative to capital values in recent years.
Income & Affordability Trends
Average net household income of £34,000 is modestly below the national average. Purchase affordability has deteriorated: the price-to-income ratio has risen from 5.3x in 2016 to 6.5x today, reflecting price growth outpacing wage growth. Rental affordability has also tightened slightly, with rent consuming 25.4% of income compared to 24.8% in 2016.
Resident Demographic Profile
The area has a notably younger age profile, with 21.4% of residents under 15—well above the national average of 17.5%—and a correspondingly smaller pensioner population at 14.6%. Housing tenure is distinctive: social rented accommodation accounts for 31.7% of homes, nearly double the national share of 16.5%, while owner-occupation is proportionally lower. The employment mix skews towards elementary and caring roles, which together represent 27.5% of the workforce compared to 19.4% nationally, and away from professional occupations at 15.1% against a national norm of 20.5%.