At a Glance
Average Property Price - BN16
£448,265
74
National percentile
Average Monthly Rent - BN
£1,444
77
National percentile
Average Net Household Income - BN16
£39,249
55
National percentile
Flat / Maisonette Yield - BN
5.1%
23
National percentile
10-Year Annualised Price Growth - BN16
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 BN16 stands at £448,000, placing it among the more expensive areas nationally. Over the past decade, prices have grown at 3.3% per year—a pace below the national average, suggesting relatively modest capital appreciation. Transaction volumes have softened recently, with 558 sales in the latest full year compared to an historical average of 644, pointing to a quieter market.
Rent & Yield Trends
Average monthly rent in the broader BN postcode area is £1,444, reflecting above-average rental costs nationally. Rents have grown at 3.8% annually over ten years, slightly above the national pace. The flat yield currently stands at 5.1%, up from a ten-year average of 4.3%, indicating an improving return for landlords in this part of the market.
Income & Affordability Trends
Average household income in BN16 is £39,249, broadly in line with the national average. The price-to-income ratio has deteriorated to 11.9x from 10.4x in 2016, reflecting property price growth outpacing income gains and reducing purchase affordability. Rental affordability has similarly worsened, with rent-to-income rising from 35.6% to 37.9% over the same period, signalling increased pressure on renters.
Resident Demographic Profile
BN16 has a notably older population profile: those aged 65 and over represent a third of residents, nearly double the national average of 19.6%, while under-15s account for just 14.2%, well below the 17.5% national figure. Housing tenure is dominated by outright ownership at 49.8%, substantially higher than the national 33.7%, with correspondingly lower rates of renting and shared ownership. The employment base shows slightly higher proportions in caring roles (11.6% vs 9.2% nationally) and a lower representation of sales workers, consistent with an ageing, family-oriented demographic.