At a Glance
Average Property Price - WV13
£207,994
14
National percentile
Average Monthly Rent - WV
£903
35
National percentile
Average Net Household Income - WV13
£32,670
17
National percentile
Flat / Maisonette Yield - WV
6.7%
98
National percentile
10-Year Annualised Price Growth - WV13
5.8%
95
National percentile
10-Year Annualised Rent Growth - WV
4.8%
92
National percentile
Property Price & Volume Trends
The average property price in WV13 is £208,000, placing it well below the national average—among the most affordable areas in the country. Over the past decade, prices have grown at 5.8% annually, significantly outpacing the national trend and ranking among the strongest performers nationally. However, transaction activity has declined notably, with 148 sales in the latest year compared to a 10-year average of 218, suggesting a softer market.
Rent & Yield Trends
Average monthly rents stand at £903, below the national midpoint and reflecting the area's affordable character. Rental growth has been robust at 4.8% per year, well ahead of the national pace. The flat yield has improved to 6.7%, up from a 10-year average of 5.6%, indicating stronger returns for buy-to-let investors as rental income has kept pace with property values.
Income & Affordability Trends
Household incomes average £32,670, notably below the national average and among the lower quartile nationally. The price-to-income ratio of 5.7x has deteriorated since 2016 (when it was 5.0x), suggesting that affordability for owner-occupation has tightened despite modest absolute prices. Rental affordability has similarly worsened, with renters now spending 25.4% of income on rent compared to 24.8% in 2016.
Resident Demographic Profile
The area has a notably young population, with over one-fifth aged under 15—well above the national average—and relatively few residents aged 65 and over. Social rented housing accounts for 27% of tenure, significantly higher than the national figure of 16.5%, reflecting a more deprived demographic profile. The employment mix is heavily skewed towards elementary and plant/machine occupations, which together account for 30% of workers; professional and managerial roles are underrepresented compared to national norms.