At a Glance
Average Property Price - BR1
£536,484
84
National percentile
Average Monthly Rent - BR
£1,670
87
National percentile
Average Net Household Income - BR1
£55,816
96
National percentile
Flat / Maisonette Yield - BR
5.1%
26
National percentile
10-Year Annualised Price Growth - BR1
2.4%
14
National percentile
10-Year Annualised Rent Growth - BR
3.4%
21
National percentile
Property Price & Volume Trends
The average property price of £536,000 places BR1 among the most expensive nationally. However, 10-year annualised growth of 2.4% has been substantially below the national average, indicating a period of relative price stagnation. Transaction volumes have declined, with 562 sales in the latest full year compared to an average of 708 over the previous decade.
Rent & Yield Trends
Average monthly rents of £1,670 sit well above the national average. Rent growth of 3.4% per annum over ten years has been below the national rate, suggesting tighter rental market dynamics. The flat yield has improved to 5.1%, notably above its ten-year average of 4.4%, reflecting a shift in the landlord-tenant balance in favour of investors.
Income & Affordability Trends
Household incomes are exceptionally strong, placing BR1 in the top tier nationally. The price-to-income ratio of 9.3x represents a significant improvement from 11.2x in 2016, indicating that homes have become more affordable relative to earnings over this period. Rental affordability has also improved, with the rent-to-income ratio falling from 33.1% to 31.5% over the same timeframe.
Resident Demographic Profile
The area skews notably towards middle-aged and older family households, with 35–49 year-olds particularly overrepresented at 24% compared to the national average of 18.7%. Young adults aged 16–24 are markedly underrepresented at 8.1% versus 11.0% nationally. The employment base is heavily weighted towards professionals (28.3%, well above the national 20.5%) and managers (16.4% versus 13.4%), reflecting the area's affluent character. Private rental tenure is notably higher than the national average at 27.2%, while outright ownership is lower at 25.1%, suggesting a more transient or younger-skewing ownership profile than national norms.