At a Glance
Average Property Price - BR2
£612,807
90
National percentile
Average Monthly Rent - BR
£1,670
87
National percentile
Average Net Household Income - BR2
£57,907
97
National percentile
Flat / Maisonette Yield - BR
5.1%
26
National percentile
10-Year Annualised Price Growth - BR2
3.4%
45
National percentile
10-Year Annualised Rent Growth - BR
3.4%
21
National percentile
Property Price & Volume Trends
The latest average property price in BR2 is £613,000, placing it among the most expensive nationally. However, annual price growth over the past decade has averaged 3.4%, which is below the national pace. Transaction activity has softened, with 571 sales in the latest full year compared to a 10-year average of 716 annually.
Rent & Yield Trends
Average monthly rent across the broader BR postcode stands at £1,670, reflecting rental costs well above the national average. Rent growth over ten years has been modest at 3.4% per year, significantly outpaced by rental increases elsewhere in the UK. The flat yield has risen to 5.1%, above its 10-year average of 4.4%, signalling improved returns for landlords in recent trading.
Income & Affordability Trends
Average net household income of £58,000 places BR2 among the wealthiest areas nationally. The current price-to-income ratio of 11.1x has worsened slightly since 2016 when it stood at 10.9x, indicating homes have become marginally less affordable relative to earnings. By contrast, rental affordability has improved: the rent-to-income ratio has fallen from 33.1% in 2016 to 31.5% today.
Resident Demographic Profile
The population skews towards prime working-age households, with those aged 35–49 comprising 22.8% compared to 18.7% nationally. Professional and managerial roles are notably overrepresented: professionals account for 28.5% of employment versus 20.5% nationally, and managers 17.7% versus 13.4%. Owner-occupied housing dominates, with 36.6% owned with mortgage (well above the 27.0% national average), while social rented housing is significantly underrepresented at 9.3% against 16.5% nationally.