At a Glance
Average Property Price - BN17
£306,225
43
National percentile
Average Monthly Rent - BN
£1,444
77
National percentile
Average Net Household Income - BN17
£36,759
42
National percentile
Flat / Maisonette Yield - BN
5.1%
23
National percentile
10-Year Annualised Price Growth - BN17
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 BN17 stands at £306,225, broadly in line with the national average. Over the past decade, prices have grown at 3.3% annually—a below-average rate of appreciation nationally. Transaction activity has softened: 439 sales were recorded in the latest full year, down from a 10-year average of 565 per annum.
Rent & Yield Trends
Rents in the broader BN postcode area are well above the national average at £1,444 per month, placing the area among the pricier rental markets across the UK. Over ten years, rental growth has been modest at 3.8% annually—slightly below the national pace. Yields have improved noticeably: the flat yield currently stands at 5.1%, up from a 10-year average of 4.3%, reflecting stronger rental income relative to property values.
Income & Affordability Trends
Average net household income of £36,759 is slightly below the national average. Purchase affordability has deteriorated: the price-to-income ratio has risen from 7.8x in 2016 to 8.1x today, meaning property values have outpaced income growth. Rental affordability has similarly weakened, with rent now consuming 37.9% of household income compared to 35.6% in 2016.
Resident Demographic Profile
The population skews notably older, with those aged 65 and over representing 22% of residents—well above the national figure of 19.6%. Conversely, young adults aged 16–24 are markedly underrepresented at 8.6% versus the national 11.0%. The tenure profile shows a higher rate of outright ownership at 35.8% and a lower proportion of social rented housing at 12.3%. Employment is weighted toward trades and caring professions, each representing around 13%, with significantly fewer professionals (12.6%) than the national average of 20.5%.