At a Glance
Average Property Price - BH3
£642,392
91
National percentile
Average Monthly Rent - BH
£1,284
69
National percentile
Average Net Household Income - BH3
£43,040
70
National percentile
Flat / Maisonette Yield - BH
4.9%
19
National percentile
10-Year Annualised Price Growth - BH3
5.0%
89
National percentile
10-Year Annualised Rent Growth - BH
4.2%
71
National percentile
Property Price & Volume Trends
The latest average price of £642,000 places BH3 among the most expensive postcode districts nationally. Over the past decade, prices have grown by 5.0% annually—a rate that outpaces the majority of UK postcodes. Transaction activity has cooled recently, with 58 sales in the latest year compared to a 10-year average of 84 per year.
Rent & Yield Trends
Average monthly rent of £1,284 sits above the national midpoint, reflecting solid rental demand in the area. Rental growth has averaged 4.2% annually over ten years, slightly outpacing the national trend. The flat yield currently stands at 4.9%, a meaningful uplift from the 10-year average of 3.9%, signalling improving returns for landlords.
Income & Affordability Trends
Average household income of £43,040 is above the national average. The price-to-income ratio of 16.0x has deteriorated since 2016 (then 12.1x), indicating that property prices have outpaced income growth significantly. Rental affordability has remained broadly stable, with the rent-to-income ratio at 33.5%—marginally higher than its 2016 level of 33.2%.
Resident Demographic Profile
The population is notably younger than average, with 22.9% aged 16–24 compared to 11.0% nationally, reflecting the area's appeal to students and young professionals. Private renting dominates tenure, accounting for 39.9% of households against a national average of 21.7%, whilst outright ownership at 28.8% is below national levels. The employment base skews towards professionals (22.2%) and managers (15.5%), both above national averages, and sales roles are significantly more prevalent at 9.1% compared to 7.3% nationally.