At a Glance
Average Property Price - BD2
£181,722
8
National percentile
Average Monthly Rent - BD
£735
15
National percentile
Average Net Household Income - BD2
£32,121
15
National percentile
Flat / Maisonette Yield - BD
5.7%
57
National percentile
10-Year Annualised Price Growth - BD2
5.4%
93
National percentile
10-Year Annualised Rent Growth - BD
3.7%
40
National percentile
Property Price & Volume Trends
The average property price in BD2 is £182,000, placing it among the cheapest areas nationally. Over the past decade, prices have grown at 5.4% annually—significantly faster than the UK average, reflecting strong relative appreciation despite the low starting base. Transaction activity has eased recently, with 408 sales in the latest full year compared to a 10-year average of 488, suggesting a slight cooling in momentum.
Rent & Yield Trends
Average monthly rent stands at £735, well below the national median, reflecting the area's affordability profile. Rental growth over the past decade has been moderate at 3.7% annually, slightly below the national pace. The flat yield currently stands at 5.7%, marginally above the 10-year average of 5.4%, indicating steady rental returns with a gentle upward trend.
Income & Affordability Trends
Average net household income in BD2 is £32,121, notably below the national average, placing it among the lower-income areas. The price-to-income ratio has risen from 4.5x in 2016 to 5.2x today, meaning affordability for purchase has deteriorated despite strong price growth. Rental affordability has also worsened, with rent consuming 25.5% of income in the latest period, up from 24% in 2016, indicating increasing pressure on renters.
Resident Demographic Profile
The area has a notably younger profile than England as a whole, with 24.4% of residents under 15 compared to the national average of 17.5%, and a smaller elderly population at 13.8% versus 19.6%. Housing tenure shows a stronger tendency towards owner-occupation with mortgage, at 32.4% compared to 27.0% nationally. Employment is skewed towards elementary occupations at 12.8% and caring roles at 11.9%, well above national averages, while professional occupations at 12.6% are notably underrepresented relative to the national figure of 20.5%.