At a Glance
Average Property Price - BS24
£303,716
43
National percentile
Average Monthly Rent - BS
£1,592
84
National percentile
Average Net Household Income - BS24
£39,961
58
National percentile
Flat / Maisonette Yield - BS
5.7%
58
National percentile
10-Year Annualised Price Growth - BS24
4.0%
67
National percentile
10-Year Annualised Rent Growth - BS
5.4%
96
National percentile
Property Price & Volume Trends
The latest average property price in BS24 is £304,000, which sits slightly below the national midpoint. Over the past decade, prices have grown at 4.0% annually—a pace that ranks in the faster half of all UK postcode districts. Transaction activity last year totalled 435 sales, notably lower than the ten-year average of 577, suggesting a recent slowdown in market turnover.
Rent & Yield Trends
Average monthly rent in the broader BS area is £1,592, placing it among the most expensive rental markets nationally. Rents have grown at 5.4% per year over the past decade, a rate well above the national norm. The flat yield has moved upward: it stands at 5.7% now, compared to a ten-year average of 4.8%, reflecting a favourable shift for investors.
Income & Affordability Trends
Average household net income is approximately £40,000, marginally above the national midpoint. The price-to-income ratio of 7.5x has deteriorated slightly since 2016 (when it was 7.1x), indicating that property affordability for owner-occupiers has edged harder over the period. Rental affordability has weakened more noticeably: the rent-to-income ratio has risen from 34.8% to 41.1%, meaning tenants now spend a substantially larger share of their earnings on rent.
Resident Demographic Profile
The population skews notably older: those aged 65 and above account for 22% of residents, well above the national average of 19.6%, and the 16–24 age group is underrepresented at 8.3% versus the national 11%. Owner-occupation is strong, with 35.5% holding mortgages and 37.3% owning outright—both meaningfully higher than national norms. The caring professions (11%) are notably overrepresented, likely reflecting the area's older demographic profile.