At a Glance
Average Property Price - BN12
£461,910
76
National percentile
Average Monthly Rent - BN
£1,444
77
National percentile
Average Net Household Income - BN12
£41,757
65
National percentile
Flat / Maisonette Yield - BN
5.1%
23
National percentile
10-Year Annualised Price Growth - BN12
3.6%
51
National percentile
10-Year Annualised Rent Growth - BN
3.8%
48
National percentile
Property Price & Volume Trends
The average property price of £462,000 places BN12 among the more expensive areas nationally. Over the past decade, prices have grown at 3.6% annually—a pace broadly in line with the national average. Transaction activity has softened, with 335 sales in the latest year compared to a 10-year average of 433, suggesting a moderately quieter market.
Rent & Yield Trends
Average monthly rent of £1,444 sits above the national midpoint, reflecting the area's broader appeal. Rent growth over ten years has averaged 3.8% annually, slightly below the national pace. The current flat yield of 5.1% is notably higher than the 10-year average of 4.3%, indicating an improving environment for rental investors.
Income & Affordability Trends
Average household income of £42,000 is moderately above the national average. However, affordability has tightened meaningfully: the current price-to-income ratio of 11.3x represents a substantial climb from 9.4x in 2016, signalling that purchase costs have outpaced income growth. Rental affordability has similarly deteriorated, with rent now consuming 37.9% of income compared to 35.6% a decade ago.
Resident Demographic Profile
The population is significantly older than the national norm, with over 30% aged 65 and above compared to 20% nationally. Conversely, young adults aged 16–24 are notably underrepresented at 7.5% versus 11% nationally. Housing tenure is marked by a much higher rate of outright ownership at 49%, nearly half again the national average, whilst private renting is correspondingly low at 14%. The workforce leans towards professional and managerial roles, though the caring professions are also more prominent than the national average.