At a Glance
Average Property Price - BN21
£276,266
35
National percentile
Average Monthly Rent - BN
£1,444
77
National percentile
Average Net Household Income - BN21
£37,167
45
National percentile
Flat / Maisonette Yield - BN
5.1%
23
National percentile
10-Year Annualised Price Growth - BN21
2.8%
22
National percentile
10-Year Annualised Rent Growth - BN
3.8%
48
National percentile
Property Price & Volume Trends
The latest average property price in BN21 is £276,000, placing it below the national average. Over the past decade, prices have grown at 2.8% annually — a notably slower pace than the UK average, reflecting more muted demand. Transaction volumes have fallen significantly, with 405 sales recorded in the latest full year compared to a 10-year average of 557 annually.
Rent & Yield Trends
Rents in the broader BN postcode area average £1,444 per month, well above the national average. Rental growth has been steady at 3.8% annually, slightly ahead of the national trend. The flat yield now stands at 5.1%, up from a 10-year average of 4.3%, indicating improving returns for buy-to-let investors despite the slower price growth.
Income & Affordability Trends
Average household income in BN21 is £37,167, slightly below the national median. The price-to-income ratio has risen to 7.5x from 7.1x in 2016, signalling that property has become less affordable relative to earnings. Rental affordability has also worsened, with rent consuming 37.9% of household income compared to 35.6% six years ago.
Resident Demographic Profile
The population is notably older than the national average, with over a quarter (25.6%) aged 65 and above, compared to 19.6% nationally. The area has a substantially higher proportion of private renters (42.1% vs 21.7% nationally) and significantly lower mortgage ownership (17.5% vs 27.0%), reflecting its appeal as a rental destination. Employment is skewed toward caring professions (13.8% vs 9.2% nationally), consistent with an ageing demographic, while the share of younger working-age adults is below average.