At a Glance
Average Property Price - BN25
£390,348
65
National percentile
Average Monthly Rent - BN
£1,444
77
National percentile
Average Net Household Income - BN25
£38,080
50
National percentile
Flat / Maisonette Yield - BN
5.1%
23
National percentile
10-Year Annualised Price Growth - BN25
3.0%
30
National percentile
10-Year Annualised Rent Growth - BN
3.8%
48
National percentile
Property Price & Volume Trends
The average property price of £390,000 sits above the national midpoint, placing it among the more expensive areas across the UK. Over the past decade, prices have grown at 3.0% annually—below the national average rate, suggesting more modest appreciation than the country as a whole. Transaction activity has eased in recent years, with 388 sales in the latest full year compared to a 10-year average of 432, indicating a softening in market activity.
Rent & Yield Trends
Monthly rents average £1,444, well above the national norm and among the higher-rent areas nationally. Rental growth over ten years has been steady at 3.8% annually, close to the national pace. The flat yield currently stands at 5.1%, notably above its own 10-year average of 4.3%, reflecting a positive shift in rental returns relative to property values.
Income & Affordability Trends
Average household income of £38,080 is close to the national average, placing the area broadly in the middle tier nationally. Purchase affordability has deteriorated; the price-to-income ratio has widened from 9.2x in 2016 to 10.8x today, making homes less affordable relative to local earnings. Rental affordability has similarly tightened, with rent-to-income ratio rising from 35.6% to 37.9% over the same period, indicating renters now face higher housing cost burdens.
Resident Demographic Profile
The area skews significantly older, with over a third of residents aged 65 or above—nearly double the national average—and those aged 50–64 representing 21.1% of the population. Conversely, younger age groups are substantially underrepresented: under-15s at 13.7% and 16–24s at just 7.1% are both well below national norms. The housing stock is dominated by owner-occupiers, with 49.1% owning outright (45% above the national average) and only 17.1% in private rental accommodation. Employment is weighted toward professionals and caring roles, with the caring professions notably overrepresented at 11.3% compared to the national 9.2%.