At a Glance
Average Property Price - BN45
£686,000
93
National percentile
Average Monthly Rent - BN
£1,444
77
National percentile
Average Net Household Income - BN45
£48,593
85
National percentile
Flat / Maisonette Yield - BN
5.1%
23
National percentile
10-Year Annualised Price Growth - BN45
1.5%
5
National percentile
10-Year Annualised Rent Growth - BN
3.8%
48
National percentile
Property Price & Volume Trends
The latest average property price stands at £686,000, placing it among the most expensive districts nationally. However, 10-year annualised price growth has been subdued at just 1.5%, significantly below the national average. Transaction activity has weakened considerably, with only 5 sales in the latest full year compared to a 10-year average of 8 annually, suggesting a thinner and less active market.
Rent & Yield Trends
Average monthly rent of £1,444 sits well above the national midpoint. Rental growth over the past decade has been modest at 3.8% annually, broadly in line with national trends. The flat yield has improved to 5.1% in the latest year from a 10-year average of 4.3%, indicating strengthening returns for buy-to-let investors as rents have begun to outpace capital values.
Income & Affordability Trends
Average household income of £48,593 is notably above the national average, placing the area among higher-earning regions. Purchase affordability has improved dramatically: the price-to-income ratio has fallen from 19.5x in 2016 to 9.6x today, a substantial gain that reflects the combination of flat property prices and rising incomes. Rental affordability has however deteriorated slightly, with rent consuming 37.9% of income compared to 35.6% in 2016.
Resident Demographic Profile
The age profile leans towards older residents, with those aged 50–64 representing 21% of the population against a national average of 19.8%, and a notably smaller proportion of younger adults aged 25–34 at just 10.3%. Housing tenure shows strength in mortgage-backed ownership at 32.3%, above the national 27%, alongside above-average outright ownership. The employment mix is heavily skewed towards professional and managerial roles, which together account for 45.2% of workers—far exceeding the national combined figure of 33.9%—while elementary and plant/machine roles are underrepresented.