At a Glance
Average Property Price - BN10
£351,471
57
National percentile
Average Monthly Rent - BN
£1,444
77
National percentile
Average Net Household Income - BN10
£36,964
44
National percentile
Flat / Maisonette Yield - BN
5.1%
23
National percentile
10-Year Annualised Price Growth - BN10
3.2%
35
National percentile
10-Year Annualised Rent Growth - BN
3.8%
48
National percentile
Property Price & Volume Trends
The latest average property price in BN10 is £351,000, placing it slightly above the national midpoint. Over the past decade, prices have grown at 3.2% annually, a below-average pace compared to the wider market. Transaction activity last year was 310 sales, notably below the 10-year average of 343 per year, suggesting a period of softer market momentum.
Rent & Yield Trends
Average monthly rents in the broader BN postcode area stand at £1,444, well above the national average and among the highest nationally. Rents have grown at 3.8% annually over the past decade, broadly in line with the wider market. The flat yield has picked up to 5.1% in the latest year, a meaningful improvement from the 10-year average of 4.3%, reflecting growing appeal to buy-to-let investors.
Income & Affordability Trends
Household incomes average £36,964 annually, slightly below the national average. The price-to-income ratio stands at 9.5x, having risen from 8.6x in 2016, indicating that affordability for homebuyers has deteriorated noticeably over the period. Rental affordability has also weakened: tenants now spend 37.9% of income on rent, up from 35.6% in 2016.
Resident Demographic Profile
The population is notably older than average, with nearly a quarter aged 65 and over (compared to just under 20% nationally) and only 8.4% aged 16–24, well below the national average. Owner-occupation is strong: 40.7% own outright and 31.4% own with a mortgage, together well above national norms, while private rental tenure is correspondingly lower at 17.8%. The employment profile leans towards trades (13.4%) and caring occupations (11.7%), both above national averages, while professional roles (14.4%) are notably below average.