At a Glance
Average Property Price - BD22
£213,296
16
National percentile
Average Monthly Rent - BD
£735
15
National percentile
Average Net Household Income - BD22
£36,420
40
National percentile
Flat / Maisonette Yield - BD
5.7%
57
National percentile
10-Year Annualised Price Growth - BD22
3.8%
60
National percentile
10-Year Annualised Rent Growth - BD
3.7%
40
National percentile
Property Price & Volume Trends
The average property price in BD22 is £213,000, placing it among the cheapest nationally. Ten-year annualised price growth has been 3.8%, broadly in line with the national average. Transaction activity has softened recently, with 411 sales in the latest full year compared to a ten-year average of 502 annually.
Rent & Yield Trends
Average monthly rent in the broader BD postcode area is £735, well below the national average. Rent growth over the past decade has been 3.7%, slightly below the national pace. The flat yield currently stands at 5.7%, a modest improvement on its ten-year average of 5.4%, reflecting gentle upward momentum for landlords.
Income & Affordability Trends
Average household net income is £36,420, close to the national median. Purchase affordability has improved slightly: the price-to-income ratio has fallen from 5.6x in 2016 to 5.4x today. Rental affordability has moved in the opposite direction, with rent-to-income rising from 24% to 25.5%, indicating a modest tightening of the rental market relative to earnings.
Resident Demographic Profile
The population skews older than average, with 22.5% aged 50–64 (versus 19.8% nationally) and a notably low proportion of young adults aged 16–24 at just 9% (versus 11% nationally). Housing tenure is weighted more heavily towards outright ownership at 38.5% (versus 33.7% nationally) and mortgaged ownership at 31.9% (versus 27% nationally), with correspondingly lower social rented provision at 8.6%. The employment profile is marked by an above-average concentration in trades at 13.4% and caring occupations at 11%, alongside fewer professionals than the national norm.