At a Glance
Average Property Price - BD16
£258,316
30
National percentile
Average Monthly Rent - BD
£735
15
National percentile
Average Net Household Income - BD16
£37,774
48
National percentile
Flat / Maisonette Yield - BD
5.7%
57
National percentile
10-Year Annualised Price Growth - BD16
3.6%
51
National percentile
10-Year Annualised Rent Growth - BD
3.7%
40
National percentile
Property Price & Volume Trends
The latest average price of £258,316 sits below the national midpoint, placing it among the more affordable areas overall. Over the past decade, prices have grown at 3.6% annually, matching the pace of the broader market nationally. Transaction activity dipped modestly in the latest year to 419 sales, sitting slightly below its 10-year average of 453.
Rent & Yield Trends
Monthly rents in the broader BD area average £735, well below the national middle ground. Rental growth over ten years has run at 3.7% per annum, slightly slower than the national trend. Flat yields have edged upward recently to 5.7%, standing above their ten-year average of 5.4%, indicating a marginal improvement in rental income prospects.
Income & Affordability Trends
Average household income of £37,774 sits close to the national midpoint. The price-to-income ratio of 6.7x has tightened slightly since 2016 (when it stood at 6.4x), reflecting modest improvement in affordability for buyers relative to local earnings. Rental affordability has deteriorated: rents now consume 25.5% of income compared to 24% in 2016, indicating a modest squeeze on renters.
Resident Demographic Profile
The population skews noticeably older than average, with nearly a quarter aged 65 and over (compared to 19.6% nationally) and those aged 50–64 also overrepresented at 21.5%. Young adults aged 16–24 are significantly underrepresented at 7.8%, well below the national 11%. Owner-occupation is stronger than average, with 38.4% owning outright and 32.7% with a mortgage, while private renting and social housing are below national norms. The employment profile tilts towards professionals (23.7%) and technical roles (15%), both notably above average, whilst elementary occupations and plant/machine work are notably sparse.