At a Glance
Average Property Price - BH31
£404,116
68
National percentile
Average Monthly Rent - BH
£1,284
69
National percentile
Average Net Household Income - BH31
£43,325
71
National percentile
Flat / Maisonette Yield - BH
4.9%
19
National percentile
10-Year Annualised Price Growth - BH31
3.0%
29
National percentile
10-Year Annualised Rent Growth - BH
4.2%
71
National percentile
Property Price & Volume Trends
The average property price in BH31 stands at £404,000, positioning it among the more expensive areas nationally. Over the past decade, the district has experienced annualised price growth of 3.0%, which sits below the national average and reflects a more measured pace of appreciation. Transaction activity in the latest year totalled 205 sales, down from the 10-year average of 261 per year, suggesting a moderation in market activity.
Rent & Yield Trends
Average monthly rents in the broader BH postcode area stand at £1,284, above the national midpoint. Over ten years, rents have grown at 4.2% annually, outpacing the national average and indicating steady rental demand. The flat yield currently stands at 4.9%, a meaningful rise from the 10-year average of 3.9%, signalling improved returns for rental investors as rents have accelerated relative to capital values.
Income & Affordability Trends
Average net household income is £43,325, placing the area among the better-off regions nationally. The price-to-income ratio now stands at 9.8x, a slight deterioration from 9.1x in 2016, indicating that property has become less affordable relative to earnings over the period. Rental affordability has remained essentially flat, with rents consuming 33.5% of income compared to 33.2% in 2016.
Resident Demographic Profile
The population is notably older than the national average, with over a quarter aged 65 or above compared to a fifth nationally, while those aged 16–24 are significantly underrepresented. Owner-occupation is exceptionally strong, with 46.9% owning outright and 35.4% with a mortgage; by contrast, private and social renting together account for just 17.2% of households. The employment mix leans towards managerial and professional roles, which together represent a slightly higher share than nationally, whilst elementary occupations are considerably less common.