At a Glance
Average Property Price - BS23
£235,220
23
National percentile
Average Monthly Rent - BS
£1,592
84
National percentile
Average Net Household Income - BS23
£32,958
19
National percentile
Flat / Maisonette Yield - BS
5.7%
58
National percentile
10-Year Annualised Price Growth - BS23
3.5%
48
National percentile
10-Year Annualised Rent Growth - BS
5.4%
96
National percentile
Property Price & Volume Trends
The average property price in BS23 is £235,000, placing it well below the national average and among the most affordable districts nationally. Over the past decade, prices have grown at 3.5% annually—broadly in line with the national trend—suggesting steady but unremarkable appreciation. Transaction activity has softened, with 491 sales recorded in the latest year compared to a 10-year average of 619, reflecting reduced market momentum.
Rent & Yield Trends
Rental costs in the broader BS postcode area are notably high: at £1,592 per month, they sit among the priciest nationally. Rents have climbed sharply over the past decade at 5.4% annually—much faster than the national average—driven by strong demand in the coastal market. The flat yield has improved to 5.7%, up from a 10-year average of 4.8%, indicating that rental growth has outpaced any recent price appreciation and is moving in investors' favour.
Income & Affordability Trends
Average household income in BS23 stands at £33,000 per year, well below the national average and among the lowest regionally. The price-to-income ratio has deteriorated to 6.9x from 6.6x in 2016, signalling that property has become less affordable relative to local earnings over the past eight years. Rental affordability has also weakened markedly: the rent-to-income ratio has risen to 41% from 35% in 2016, meaning renters now dedicate a substantially larger share of income to housing costs.
Resident Demographic Profile
The age profile is broadly balanced, with a slightly elevated proportion aged 50–64 (20.2%) and a slightly below-average share of young professionals aged 25–34 (14.7%). Private renting dominates tenure, accounting for a third of all households—significantly above the national average of 22%—whilst outright ownership is notably lower at 25%, reflecting the area's appeal to transient renters and a weaker owner-occupier base. The employment mix shows a pronounced skew towards elementary and caring roles (14.3% and 13.8% respectively), well above the national averages, alongside below-average representation in professional and managerial occupations.