At a Glance
Average Property Price - BH4
£342,553
54
National percentile
Average Monthly Rent - BH
£1,284
69
National percentile
Average Net Household Income - BH4
£36,919
43
National percentile
Flat / Maisonette Yield - BH
4.9%
19
National percentile
10-Year Annualised Price Growth - BH4
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 BH4 is £343,000, close to the national median. Over the past decade, the area has seen annualised price growth of 2.5%, which is among the slowest nationally. Transaction volume has slowed notably: 159 sales in the latest full year compared to an average of 249 over the previous ten years, suggesting reduced market activity.
Rent & Yield Trends
Average monthly rents in the broader BH postcode area stand at £1,284, above the national average. Rent growth has been strong over ten years at 4.2% annually, outpacing national trends. The rental yield has improved: it currently stands at 4.9%, up from a 10-year average of 3.9%, reflecting tighter rental demand relative to falling price growth.
Income & Affordability Trends
Average household income of £37,000 is slightly below the national average. The price-to-income ratio of 10.2x remains unchanged since 2016, indicating that affordability pressure for buyers has neither improved nor worsened. Rental affordability has softened slightly: the rent-to-income ratio has risen from 33.2% to 33.5%, suggesting a marginally higher cost burden for renters.
Resident Demographic Profile
The age profile is notably older than average, with over a quarter (24.1%) aged 65 and over—well above the national figure of 19.6%—whilst those aged 16–24 are underrepresented at 9.2%. The housing tenure mix is distinctive: private rental dominates at 44.2%, far above the national average of 21.7%, whilst mortgage ownership is low at 19.9% against a national norm of 27.0%. The employment mix shows a higher proportion of professionals (23.4%) and technical workers (14%), offset by notably fewer tradespeople (7.8% versus a national 10.5%).