At a Glance
Average Property Price - WV6
£308,353
44
National percentile
Average Monthly Rent - WV
£903
35
National percentile
Average Net Household Income - WV6
£28,768
6
National percentile
Flat / Maisonette Yield - WV
6.7%
98
National percentile
10-Year Annualised Price Growth - WV6
4.2%
72
National percentile
10-Year Annualised Rent Growth - WV
4.8%
92
National percentile
Property Price & Volume Trends
The average property price in WV6 is £308,000, placing it close to the national midpoint. Over the past decade, the area has seen annualised growth of 4.2%, which is notably stronger than the national average—among the fastest-growing districts nationally. Transaction activity has softened: 480 sales were recorded in the latest full year, down from a ten-year average of 567, suggesting slightly reduced market momentum.
Rent & Yield Trends
Average monthly rent stands at £903, which is below the national average. Rents have grown at 4.8% annually over the past decade—among the strongest growth rates nationally, significantly outpacing the national trend. Rental yield has climbed to 6.7%, up from a ten-year average of 5.6%, reflecting improving returns for buy-to-let investors.
Income & Affordability Trends
Average household income is £28,768, placing the area well below the national average. This has created affordability pressures: the price-to-income ratio has risen to 10.1x from 7.4x in 2016, indicating that property purchase has become considerably less affordable relative to local earnings. Rental affordability has worsened slightly, with rent consuming 25.4% of income compared to 24.8% in 2016.
Resident Demographic Profile
The area has a notably high proportion of children under 15 (20.4% vs 17.5% nationally) and slightly elevated numbers aged 35–49 (20.6% vs 18.7%), suggesting a family-oriented demographic. The employment profile is distinctive: elementary occupations are overrepresented at 13.3% against a national average of 10.2%, whilst professional and managerial roles are slightly below national norms. Housing tenure is broadly in line with national patterns, with modest variations in private and social renting.