At a Glance
Average Property Price - BA3
£546,523
85
National percentile
Average Monthly Rent - BA
£1,507
83
National percentile
Average Net Household Income - BA3
£41,393
64
National percentile
Flat / Maisonette Yield - BA
5.4%
40
National percentile
10-Year Annualised Price Growth - BA3
9.4%
100
National percentile
10-Year Annualised Rent Growth - BA
4.6%
86
National percentile
Property Price & Volume Trends
The average property price in BA3 stands at £547,000, placing it among the most expensive areas nationally. The district has experienced exceptional growth over the past decade, with prices rising at an annualised rate of 9.4%—among the fastest in the country. Transaction activity in the latest year totalled 501 sales, slightly below the 10-year average of 545 per year.
Rent & Yield Trends
Average monthly rents in the broader BA postcode area are £1,507, well above the national typical level. Rental growth over the past decade has averaged 4.6% annually, outpacing national trends. The current flat yield of 5.4% is notably higher than the 10-year average of 4.5%, reflecting a favourable shift for investors.
Income & Affordability Trends
Average net household income in BA3 is £41,393, modestly above the national median. The price-to-income ratio now stands at 8.5x, a significant rise from 7.6x in 2016, indicating that property has become notably less affordable for local buyers. Rental affordability has also tightened, with rents consuming 37.2% of income compared to 35.9% in 2016.
Resident Demographic Profile
The population skews notably older than national norms, with those aged 50 and over representing 44.7%—well above the national average of 39.4%. Conversely, young adults aged 16–24 are underrepresented at 9.5% versus the national 11.0%. Housing tenure reflects strong owner-occupation, with 40.9% owning outright and a further 31.4% owning with a mortgage, together significantly above national averages. The employment mix shows a higher proportion of trades workers (13.3% versus 10.5% nationally) and managers (15.1% versus 13.4%), balanced against a smaller professional workforce (18.4% versus 20.5%).