At a Glance
Average Property Price - BN1
£499,288
80
National percentile
Average Monthly Rent - BN
£1,444
77
National percentile
Average Net Household Income - BN1
£41,331
63
National percentile
Flat / Maisonette Yield - BN
5.1%
23
National percentile
10-Year Annualised Price Growth - BN1
3.3%
39
National percentile
10-Year Annualised Rent Growth - BN
3.8%
48
National percentile
Property Price & Volume Trends
The average property price in BN1 stands at £499,000, placing it among the most expensive nationally. Over the past decade, prices have grown at 3.3% annually—below the national average pace. Transaction activity has softened: the latest full year saw 944 sales against a 10-year average of 1,180, reflecting a decline in market momentum.
Rent & Yield Trends
Average monthly rent of £1,444 sits well above the national mid-point. Over ten years, rents have expanded at 3.8% per year, close to the national average rate of growth. The current flat yield of 5.1% has improved meaningfully from its 10-year average of 4.3%, signalling strengthening rental returns for investors.
Income & Affordability Trends
Average household income of £41,331 is modestly above the national median. The price-to-income ratio has risen to 12.1x, worsening from 11.1x in 2016, indicating that property has become less affordable relative to earnings. Rental affordability has also declined: the rent-to-income ratio has risen from 35.6% to 37.9%, suggesting renters now spend a noticeably larger share of income on housing.
Resident Demographic Profile
BN1 skews markedly younger than national norms: those aged 16–24 comprise 22.1% of the population, nearly double the national average, while residents aged 65+ account for just 10.8%. The housing tenure profile is dominated by private renting (44.4%), far above the national average of 21.7%, with outright ownership (20.1%) and mortgaged ownership (20.3%) both well below average. The workforce is notably professional-heavy, with 27.8% in professional roles against a national average of 20.5%, and 18.4% in technical roles, substantially above the national mean of 13.2%.