At a Glance
Average Property Price - BH21
£438,785
73
National percentile
Average Monthly Rent - BH
£1,284
69
National percentile
Average Net Household Income - BH21
£41,956
66
National percentile
Flat / Maisonette Yield - BH
4.9%
19
National percentile
10-Year Annualised Price Growth - BH21
2.5%
16
National percentile
10-Year Annualised Rent Growth - BH
4.2%
71
National percentile
Property Price & Volume Trends
The latest average property price in BH21 is £439,000, placing it among the more expensive districts nationally. Over the past decade, prices have grown at 2.5% annually—significantly below the national pace, reflecting relatively modest capital appreciation in the area. Transaction activity has softened, with 553 sales recorded in the latest full year against a 10-year average of 676, suggesting a notably quieter market than historical norms.
Rent & Yield Trends
Average monthly rent in the broader BH postcode area stands at £1,284, positioning it in the upper-middle band nationally. Rental growth over ten years has averaged 4.2% per annum, outpacing national trends and indicating steady demand from tenants. The flat yield has improved materially, rising to 4.9% in the latest year from a 10-year average of 3.9%, reflecting stronger rental returns relative to capital values.
Income & Affordability Trends
Average net household income is £42,000, modestly above the national midpoint. The price-to-income ratio has widened to 11.3x from 10.7x in 2016, signalling that property has become less affordable relative to local earnings over this period. The rent-to-income ratio remains stable at 33.5%, virtually unchanged from 33.2% in 2016, indicating that rental affordability has held steady.
Resident Demographic Profile
The population is notably older than the national average, with 27.7% aged 65 and over compared to 19.6% nationally, and only 8.2% aged 16–24 against 11.0% nationally. Housing tenure is dominated by outright ownership at 43.9%, well above the 33.7% national figure, while private rental (14.4%) and social rental (12.2%) are both below average. The employment profile leans towards managers and professionals, who together account for 36.7% of the workforce, with fewer workers in elementary roles (7.6% versus 10.2% nationally).