At a Glance
Average Property Price - BN2
£457,516
76
National percentile
Average Monthly Rent - BN
£1,444
77
National percentile
Average Net Household Income - BN2
£38,136
50
National percentile
Flat / Maisonette Yield - BN
5.1%
23
National percentile
10-Year Annualised Price Growth - BN2
3.5%
46
National percentile
10-Year Annualised Rent Growth - BN
3.8%
48
National percentile
Property Price & Volume Trends
The average property price in BN2 stands at £458,000, placing it among the most expensive nationally. Over the past decade, prices have grown at 3.5% per year—broadly in line with the national average. Transaction activity has slowed compared with its long-term trend, with 970 sales in the latest year against a 10-year average of 1,205.
Rent & Yield Trends
Average monthly rent in the wider BN area is £1,444, which is well above the national average. Rents have grown at 3.8% per year over the past decade, slightly faster than the national trend. The flat yield currently stands at 5.1%, a meaningful improvement on its 10-year average of 4.3%, signalling an attractive backdrop for buy-to-let investors.
Income & Affordability Trends
Average household income of £38,136 is around the national average. The price-to-income ratio of 12.0x has risen from 11.0x in 2016, indicating that property has become less affordable relative to local earnings. Rental affordability has similarly tightened, with rents now consuming 37.9% of household income compared with 35.6% in 2016.
Resident Demographic Profile
The age profile skews distinctly younger than average, with 18.3% of residents aged 16–24 against the national figure of 11.0%, and only 14.5% aged 65 and over versus 19.6% nationally. Private rental tenure dominates at 33.9%—significantly above the national average of 21.7%—while owner-occupation remains comparatively low. The workforce is notably professional and technical in character, with 25.3% in professional roles and 16.8% in technical occupations, both well above national averages.
