At a Glance
Average Property Price - BH16
£381,176
63
National percentile
Average Monthly Rent - BH
£1,284
69
National percentile
Average Net Household Income - BH16
£38,787
53
National percentile
Flat / Maisonette Yield - BH
4.9%
19
National percentile
10-Year Annualised Price Growth - BH16
3.8%
60
National percentile
10-Year Annualised Rent Growth - BH
4.2%
71
National percentile
Property Price & Volume Trends
The latest average property price in BH16 is £381,000, placing it slightly above the national midpoint. Over the past decade, prices have grown at an annualised rate of 3.8%, in line with national trends. Transaction activity has softened, with 186 sales in the latest full year compared to a 10-year average of 231, reflecting a decline from historical norms.
Rent & Yield Trends
Average monthly rents in the broader BH area stand at £1,284, positioning the area above the national average. Over ten years, rents have grown at 4.2% annually, outpacing national growth. The flat yield currently stands at 4.9%, a meaningful improvement on the 10-year average of 3.9%, indicating strengthening rental returns.
Income & Affordability Trends
Average net household income in BH16 is £38,787, broadly in line with the national average. The price-to-income ratio has risen to 9.8x from 8.6x in 2016, reflecting a material deterioration in purchase affordability over the past eight years. Rental affordability has remained stable, with the rent-to-income ratio holding at 33.5% compared to 33.2% in 2016.
Resident Demographic Profile
The population skews markedly older, with over a quarter aged 65 and above—well above the national average of 19.6%—while the 16–24 age group at 8.4% is notably underrepresented. Housing tenure shows strong owner-occupation, with 40.5% owning outright against a national average of 33.7%, and private rental is proportionally lower at 17.3%. The employment profile is distinctive, with trades and caring professions notably overrepresented, while professional roles are less common than nationally.