At a Glance
Average Property Price - BA2
£539,759
85
National percentile
Average Monthly Rent - BA
£1,507
83
National percentile
Average Net Household Income - BA2
£44,997
76
National percentile
Flat / Maisonette Yield - BA
5.4%
40
National percentile
10-Year Annualised Price Growth - BA2
4.1%
69
National percentile
10-Year Annualised Rent Growth - BA
4.6%
86
National percentile
Property Price & Volume Trends
The latest average property price in BA2 is £540,000, placing it among the most expensive nationally. Over the past decade, prices have grown at 4.1% annually — a pace slightly above the national average. Transaction activity has declined from historical levels, with 842 sales in the latest year compared to an average of 1,056 over the preceding ten years.
Rent & Yield Trends
Average monthly rent in the broader BA area stands at £1,507, positioning it among the highest-rent areas nationally. Rental growth has been particularly strong, averaging 4.6% annually over ten years — substantially faster than the national pace. The flat yield has risen to 5.4% in the latest period, up from a ten-year average of 4.5%, reflecting improving returns for investors.
Income & Affordability Trends
Average net household income is £45,000, above the national average. Purchase affordability has tightened: the price-to-income ratio now stands at 12.8x, up from 11.6x in 2016, indicating property prices have outpaced income growth. Rental affordability has similarly worsened, with rents now consuming 37.2% of household income compared to 35.9% six years ago.
Resident Demographic Profile
The population skews notably younger than national norms, with 22.3% aged 16–24 — double the national average, reflecting the strong student presence. The under-15 population is below average at 14.3%. Housing tenure shows a higher rate of outright ownership at 36.2%, and private rental is elevated at 24.1%. The employment mix is heavily weighted toward professional occupations (27.1%, well above the 20.5% national average) and managers (16.8%), with notably lower representation in trades and plant/machine roles.