At a Glance
Average Property Price - BN11
£314,295
46
National percentile
Average Monthly Rent - BN
£1,444
77
National percentile
Average Net Household Income - BN11
£37,305
46
National percentile
Flat / Maisonette Yield - BN
5.1%
23
National percentile
10-Year Annualised Price Growth - BN11
2.6%
17
National percentile
10-Year Annualised Rent Growth - BN
3.8%
48
National percentile
Property Price & Volume Trends
The average property price in BN11 is £314,000, close to the national median and unremarkable by regional standards. Annual price growth over the past decade has averaged 2.6%, notably slower than the UK overall, placing it among the weakest-performing markets nationally. Transaction activity has declined: the latest full year saw 508 sales, well below the 10-year average of 717 per year.
Rent & Yield Trends
Average monthly rent in the broader BN area stands at £1,444, placing it among the more expensive rental markets nationally. Rental growth over ten years has averaged 3.8%, roughly in line with the national pace. The flat yield has strengthened to 5.1%, up from a 10-year average of 4.3%, signalling improving returns for landlords despite the slower price growth.
Income & Affordability Trends
Average household income is £37,305, slightly below the national average. Purchase affordability has deteriorated: the price-to-income ratio now stands at 9.3 times, up from 7.9 times in 2016, indicating that properties have become significantly less affordable relative to local earnings. Rental affordability has also worsened, with rent consuming 37.9% of income compared to 35.6% in 2016.
Resident Demographic Profile
The population skews notably older than average, with 20.9% aged 65 or over compared to the national figure of 19.6%, and only 13.6% under 15 against a national 17.5%. The tenure profile is heavily weighted towards private rental: 41.7% of households rent privately, more than double the national average of 21.7%, while ownership rates are well below par. Employment is dominated by caring roles (13.0% against 9.2% nationally) and professionals (21.0%), reflecting an older demographic and professional services orientation.