At a Glance
Average Property Price - BD23
£324,634
50
National percentile
Average Monthly Rent - BD
£735
15
National percentile
Average Net Household Income - BD23
£25,236
3
National percentile
Flat / Maisonette Yield - BD
5.7%
57
National percentile
10-Year Annualised Price Growth - BD23
3.8%
58
National percentile
10-Year Annualised Rent Growth - BD
3.7%
40
National percentile
Property Price & Volume Trends
The latest average property price in BD23 is £325,000, broadly in line with the national median. Ten-year annualised growth has been 3.8%, slightly above the national pace. Transaction volumes have eased: 494 sales were recorded in the latest full year, down from a ten-year average of 573, reflecting the quieter nature of the rural market.
Rent & Yield Trends
Average monthly rent across the broader BD postcode is £735, well below the national average—among the least expensive nationally. Rental growth over the past decade has been 3.7% annually, below the typical national pace. The flat yield currently stands at 5.7%, marginally above its ten-year average of 5.4%, indicating a modest recent uptick in rental returns.
Income & Affordability Trends
Average household income in BD23 is £25,236, significantly below the national average and among the lowest nationally. Purchase affordability has deteriorated considerably: the price-to-income ratio has nearly doubled from 7.9x in 2016 to 13.2x today, reflecting the squeeze of rural wages against rising property values. Rental affordability has also worsened, with rent now consuming 25.5% of household income compared to 24% in 2016, though the change remains modest.
Resident Demographic Profile
BD23 has a notably older demographic profile: those aged 50–64 represent 22.6% of the population (above the 19.8% national average) and those 65+ account for 23.9% (against a national 19.6%), reflecting retirement migration to rural areas. The 16–24 age group is underrepresented at 8.2%, well below the national 11.0%, indicating limited retention of young people. Housing tenure shows a strong preference for outright ownership at 39.5%, compared to 33.7% nationally. Employment is notably skewed towards trades (13.7% against 10.5% nationally), reflecting the rural economy.