At a Glance
Average Property Price - BN15
£358,148
58
National percentile
Average Monthly Rent - BN
£1,444
77
National percentile
Average Net Household Income - BN15
£37,251
45
National percentile
Flat / Maisonette Yield - BN
5.1%
23
National percentile
10-Year Annualised Price Growth - BN15
3.7%
56
National percentile
10-Year Annualised Rent Growth - BN
3.8%
48
National percentile
Property Price & Volume Trends
The latest average property price in BN15 is £358,000, placing it slightly above the national median. Over the past decade, prices have grown at 3.7% annually, which is in line with the national trend. Transaction volumes have eased recently, with 381 sales in the latest full year against a 10-year average of 446, suggesting a modest slowdown in market activity.
Rent & Yield Trends
Average monthly rents in the broader BN area stand at £1,444, well above the national average and placing the area among the most expensive nationally for rental costs. Over the past ten years, rents have grown at 3.8% annually, which is close to the national pace. The current flat yield of 5.1% is notably higher than the 10-year average of 4.3%, reflecting improved returns for buy-to-let investors in recent conditions.
Income & Affordability Trends
Average household income in BN15 is £37,251, slightly below the national average and placing the area in the lower-middle range nationally. The price-to-income ratio has risen to 9.5x from 8.5x in 2016, indicating that property has become less affordable relative to earnings over this period. Rental affordability has also deteriorated; the rent-to-income ratio has increased from 35.6% to 37.9%, meaning tenants now spend a larger share of household income on rent.
Resident Demographic Profile
The population skews notably older than the national average, with 25.6% aged 65 and over compared to 19.6% nationally, and the 16–24 age group significantly underrepresented at 8% versus 11% nationally. Housing tenure reflects this pattern: outright ownership is high at 41.5% against 33.7% nationally, while private rental at 15.1% is well below the national average of 21.7%. The employment profile is notably dominated by skilled trades at 14.2% and caring professions at 11.9%, both above national levels, suggesting a workforce oriented towards practical and service roles.