At a Glance
Average Property Price - BA4
£342,484
54
National percentile
Average Monthly Rent - BA
£1,507
83
National percentile
Average Net Household Income - BA4
£39,783
57
National percentile
Flat / Maisonette Yield - BA
5.4%
40
National percentile
10-Year Annualised Price Growth - BA4
4.3%
75
National percentile
10-Year Annualised Rent Growth - BA
4.6%
86
National percentile
Property Price & Volume Trends
The average property price of £342,000 sits close to the national median. Over the past decade, the area has experienced above-average price growth of 4.3% annually, reflecting stronger appreciation than most of the country. Transaction activity has declined from its 10-year average, with 211 sales in the latest year compared to a typical annual average of 268.
Rent & Yield Trends
Average monthly rents of £1,507 place the area among the most expensive for rental costs nationally. Rental growth has been robust at 4.6% per year, significantly outpacing the national rate. Flat yields have improved notably, currently standing at 5.4% against a 10-year average of 4.5%, suggesting rental income has become more attractive relative to property values.
Income & Affordability Trends
Average household income of £40,000 is slightly above the national mid-point. The price-to-income ratio of 9.0x has risen sharply since 2016 (when it stood at 7.6x), indicating purchase affordability has deteriorated substantially. Rental affordability has also tightened, with renters now spending 37.2% of income on housing compared to 35.9% in 2016.
Resident Demographic Profile
The population skews older than average, with those aged 50–64 and 65+ together representing 45.3% of residents against a national combined average of 39.4%. Housing is characterised by higher outright ownership at 39.3% against the national 33.7%. The employment base is notably weighted towards trades and skilled manual work at 14.1%, well above the national 10.5%, while professional occupations at 15% are below the national average of 20.5%.