At a Glance
Average Property Price - BA9
£293,554
40
National percentile
Average Monthly Rent - BA
£1,507
83
National percentile
Average Net Household Income - BA9
£39,863
58
National percentile
Flat / Maisonette Yield - BA
5.4%
40
National percentile
10-Year Annualised Price Growth - BA9
3.1%
32
National percentile
10-Year Annualised Rent Growth - BA
4.6%
86
National percentile
Property Price & Volume Trends
The latest average property price in BA9 is £294,000, sitting around the national midpoint. Over the past decade, prices have grown at 3.1% annually—a below-average pace compared with the country as a whole. Transaction activity has softened: 125 sales in the latest full year against a 10-year average of 153, suggesting a modestly less active market than its historical norm.
Rent & Yield Trends
Rents in the wider BA postcode area average £1,507 monthly and rank among the most expensive nationally, reflecting the appeal of Somerset's larger towns and coastal fringes. Annual rent growth has been strong at 4.6%, outpacing the national trend. The current flat yield of 5.4% is notably above its 10-year average of 4.5%, signalling improving returns for landlords as rental growth has outpaced capital appreciation.
Income & Affordability Trends
Average net household income stands at £40,000, slightly above the national average. Purchase affordability has deteriorated considerably: the price-to-income ratio has risen from 6.9x in 2016 to 10.5x today, reflecting the difficulty first-time buyers now face. Rental affordability has also tightened slightly, with rent consuming 37.2% of income compared with 35.9% in 2016.
Resident Demographic Profile
BA9 has a distinctly older population: those aged 65 and over account for nearly a quarter of residents, well above the 19.6% national average, while the 16–24 age group is notably underrepresented at 8.4%. Outright home ownership is strong at 39.8%, significantly higher than the national 33.7%. The employment profile is weighted towards trades (15.4%, above the 10.5% national average) and away from professional roles (14.3%, below the 20.5% national figure), reflecting the area's rural and manufacturing character.