At a Glance
Average Property Price - BS29
£336,398
53
National percentile
Average Monthly Rent - BS
£1,592
84
National percentile
Average Net Household Income - BS29
£40,299
59
National percentile
Flat / Maisonette Yield - BS
5.7%
58
National percentile
10-Year Annualised Price Growth - BS29
2.1%
10
National percentile
10-Year Annualised Rent Growth - BS
5.4%
96
National percentile
Property Price & Volume Trends
The latest average property price of £336,000 sits close to the national median, placing it squarely in the middle of the UK market. Over the past decade, prices have grown at 2.1% annually—a notably slower pace than the national average, suggesting the area has underperformed in the wider recovery. Transaction activity has also declined, with 67 sales in the latest year compared to a 10-year average of 90, indicating moderating demand.
Rent & Yield Trends
Rental levels in this area are among the most expensive nationally, with average monthly rent of £1,592 reflecting strong coastal demand. Rent growth has been exceptionally robust, rising 5.4% annually over the past decade—well ahead of the national trend. The flat yield stands at 5.7%, a meaningful improvement on the 10-year average of 4.8%, indicating strengthening investor returns and a shifting balance favouring rental income.
Income & Affordability Trends
Household income of £40,299 is slightly above the national average, suggesting a moderately affluent population. The price-to-income ratio of 8.4x has deteriorated since 2016 (when it stood at 8.0x), making properties incrementally less affordable on this measure despite slower price growth. Rental affordability has also tightened considerably: the rent-to-income ratio has risen from 34.8% to 41.1%, placing a larger burden on renters' household budgets.
Resident Demographic Profile
The population skews notably older, with 26.1% aged 65 and over—well above the national figure of 19.6%—and a notably low proportion of young adults (7.8% aged 16–24, versus 11.0% nationally). The housing stock reflects strong owner-occupation: 43.9% own outright and 34.7% own with a mortgage, together accounting for 78.6% of all tenure—substantially above the national 60.7%. The workforce leans toward managers and caring roles (15.3% and 10.2% respectively), with proportionally fewer in elementary and plant/machine occupations.