At a Glance
Average Property Price - WV11
£242,708
25
National percentile
Average Monthly Rent - WV
£903
35
National percentile
Average Net Household Income - WV11
£33,682
23
National percentile
Flat / Maisonette Yield - WV
6.7%
98
National percentile
10-Year Annualised Price Growth - WV11
5.6%
95
National percentile
10-Year Annualised Rent Growth - WV
4.8%
92
National percentile
Property Price & Volume Trends
The latest average property price in WV11 is £243,000, placing it below the national average. Over the past decade, prices have grown at 5.6% annually—among the fastest growth rates nationally. Transaction volumes have moderated, with 278 sales in the latest full year against a 10-year average of 400, reflecting reduced market activity.
Rent & Yield Trends
Average monthly rent in the broader WV postcode stands at £903, below the national average. Rental growth has been robust at 4.8% annually, ranking among the strongest nationally. The flat yield has improved, now standing at 6.7% against a 10-year average of 5.6%, indicating strengthening returns for landlords.
Income & Affordability Trends
Average household income is £33,682, notably below the national average. Purchase affordability has deteriorated: the price-to-income ratio has risen from 5.5x in 2016 to 6.8x today, making homeownership increasingly stretched. Rental affordability has also tightened slightly, with rent-to-income rising from 24.8% to 25.4% over the same period.
Resident Demographic Profile
The area has a slightly higher proportion of under-15s (19.8% vs 17.5% nationally) and shows notably fewer young adults aged 16–24 (9.5% vs 11.0%). Social rented housing is significantly above average at 25.8% against 16.5% nationally, reflecting the area's social housing stock. Employment is skewed towards elementary roles (14.8% vs 10.2% nationally) and trades workers (12.4% vs 10.5%), while professional and managerial roles are notably underrepresented.