At a Glance
Average Property Price - BS28
£608,398
90
National percentile
Average Monthly Rent - BS
£1,592
84
National percentile
Average Net Household Income - BS28
£46,750
81
National percentile
Flat / Maisonette Yield - BS
5.7%
58
National percentile
10-Year Annualised Price Growth - BS28
3.2%
37
National percentile
10-Year Annualised Rent Growth - BS
5.4%
96
National percentile
Property Price & Volume Trends
The latest average property price of £608,000 places BS28 among the most expensive areas nationally. However, 10-year annualised growth of 3.2% has been below the national average, suggesting more modest capital appreciation over the long term. Transaction activity in the latest year fell to 43 sales, down from a ten-year average of 53, indicating a softening in market turnover.
Rent & Yield Trends
Average monthly rents of £1,592 (based on the wider BS postcode area) sit well above the national average. Rental growth has been notably strong, with 10-year annualised growth of 5.4% among the fastest nationally. The flat yield of 5.7% in the latest year has improved considerably from its ten-year average of 4.8%, reflecting rising rents relative to property values.
Income & Affordability Trends
Average household income of £46,750 is above the national median, placing the area in the upper income bracket. However, affordability pressure has intensified: the price-to-income ratio has risen to 13.6x from 11.2x in 2016, indicating significantly tighter purchase affordability. Rental affordability has also deteriorated, with the rent-to-income ratio climbing from 34.8% to 41.1% over the same period.
Resident Demographic Profile
BS28 has a distinctly older population: those aged 50–64 comprise 25.8% (compared to 19.8% nationally), and those aged 65+ account for 29.3% (versus 19.6% nationally). Conversely, younger age groups are markedly underrepresented, particularly the 25–34 cohort at just 6%. Housing tenure is dominated by outright ownership at 52.4%, well above the national average of 33.7%, whilst private renting is minimal at 10.8%. The employment mix shows an unusually high proportion of managers at 21.5% and a notably low representation in elementary roles at 7%.