At a Glance
Average Property Price - WV4
£257,731
30
National percentile
Average Monthly Rent - WV
£903
35
National percentile
Average Net Household Income - WV4
£35,762
36
National percentile
Flat / Maisonette Yield - WV
6.7%
98
National percentile
10-Year Annualised Price Growth - WV4
4.7%
83
National percentile
10-Year Annualised Rent Growth - WV
4.8%
92
National percentile
Property Price & Volume Trends
The average property price in WV4 is £258,000, placing it well below the national average and among the more affordable areas across the UK. Over the past decade, prices have grown at 4.7% per year—substantially faster than the national average, demonstrating solid capital appreciation over the long term. Transaction activity has eased recently, with 283 sales in the latest full year compared to a 10-year average of 370, suggesting a dip in market momentum.
Rent & Yield Trends
Average monthly rents of £903 sit below the national average, reflecting the area's more affordable positioning. Rental growth has been notably strong at 4.8% annually over the past decade, significantly outpacing national growth and indicating sustained landlord appeal. The current flat yield of 6.7% exceeds the 10-year average of 5.6%, showing improving returns for buy-to-let investors at present.
Income & Affordability Trends
Household income in WV4 averages £35,762 per year, slightly below the national average. The price-to-income ratio of 7.0x has worsened since 2016 (when it stood at 6.0x), indicating that property prices have outpaced income growth over this period, reducing purchase affordability. Rental affordability has also declined marginally, with the rent-to-income ratio rising from 24.8% in 2016 to 25.4% today.
Resident Demographic Profile
The age profile is notably skewed towards families and middle-aged residents, with 20% aged 35–49 (above the national 18.7%) and 19.9% under 15 (above the national 17.5%), while young adults aged 16–24 are underrepresented at 9.5%. Housing tenure shows above-average social renting at 21% versus the national 16.5%, reflecting significant public housing stock. The employment base is distinctive for higher numbers in elementary occupations (12.8% vs 10.2% nationally) and caring roles (10.1% vs 9.2% nationally), whilst professional-level employment at 18.3% is modestly below the national 20.5%.