At a Glance
Average Property Price - BH5
£295,717
41
National percentile
Average Monthly Rent - BH
£1,284
69
National percentile
Average Net Household Income - BH5
£34,084
26
National percentile
Flat / Maisonette Yield - BH
4.9%
19
National percentile
10-Year Annualised Price Growth - BH5
3.1%
31
National percentile
10-Year Annualised Rent Growth - BH
4.2%
71
National percentile
Property Price & Volume Trends
The average property price in BH5 is £296,000, placing it around the middle of the national range. Over the past decade, prices have risen by 3.1% annually, a pace below the national average, suggesting more measured growth than elsewhere in the country. Transaction activity has weakened considerably, with 139 sales in the latest year compared to an average of 241 over the past ten years—a significant contraction in market turnover.
Rent & Yield Trends
Average monthly rent in the broader BH postcode area is £1,284, which is above the national norm, reflecting the area's coastal appeal. Rental growth over ten years has averaged 4.2% annually, outpacing national trends. The flat yield currently stands at 4.9%, a marked improvement from the ten-year average of 3.9%, indicating that rental income is becoming increasingly attractive relative to property values.
Income & Affordability Trends
Average net household income is £34,084, notably below the national average. The price-to-income ratio has deteriorated from 9.4x in 2016 to 10.6x today, signalling that property prices have risen faster than local earnings, making home purchase less affordable. Rental affordability has remained essentially flat, with rent consuming 33.5% of income compared to 33.2% in 2016, indicating stable (though tight) rental costs relative to earnings.
Resident Demographic Profile
The population skews slightly older than the national average, with a notably smaller proportion of under-15s (14.9% versus 17.5% nationally) and an underrepresentation of younger adults aged 16–24 (13.9% versus 11.0% nationally). Housing tenure is dominated by private renting at 50.8%—more than double the national average of 21.7%—while outright ownership is unusually low at 19.2% compared to 33.7% nationally, reflecting the area's transient, renter-heavy character. The employment profile shows a higher concentration in caring professions (13.9% versus 9.2% nationally) and elementary occupations (13.6% versus 10.2% nationally), alongside fewer managers and professionals than the national norm.