At a Glance
Average Property Price - BS3
£395,508
66
National percentile
Average Monthly Rent - BS
£1,592
84
National percentile
Average Net Household Income - BS3
£40,655
61
National percentile
Flat / Maisonette Yield - BS
5.7%
58
National percentile
10-Year Annualised Price Growth - BS3
5.3%
93
National percentile
10-Year Annualised Rent Growth - BS
5.4%
96
National percentile
Property Price & Volume Trends
The latest average property price in BS3 is £396,000, placing it above the national midpoint. Over the past decade, the district has experienced annualised price growth of 5.3%, significantly outpacing the typical national rate and ranking among the fastest-growing postcode areas in the UK. Transaction activity has eased in recent years: the latest full year saw 681 sales, down from a 10-year average of 811, reflecting broader market slowdown.
Rent & Yield Trends
Average monthly rent in the broader BS postcode area is £1,592, well above the national average and among the highest in the country. Rents have grown at 5.4% per year over the past decade, substantially faster than the national trend. Flat yield currently stands at 5.7%, a solid improvement on the 10-year average of 4.8%, signalling favourable conditions for buy-to-let investors in the area.
Income & Affordability Trends
Average net household income is £41,000, slightly above the national average. The price-to-income ratio of 9.2x has improved marginally since 2016 (when it stood at 9.5x), suggesting some easing of purchase affordability despite price growth. Rental affordability has tightened considerably: the rent-to-income ratio has risen from 34.8% in 2016 to 41.1% today, reflecting rental growth outpacing income growth and placing genuine pressure on renters.
Resident Demographic Profile
BS3 has a notably youthful demographic profile, with 27.9% of residents aged 25–34, nearly double the national average, alongside an elevated 35–49 age group (22.4%). Conversely, older age groups are underrepresented. The housing tenure mix reflects this: private rented housing accounts for 30.6% of homes (well above the 21.7% national average), whilst outright ownership is correspondingly lower at 20.3%. The workforce is heavily skewed towards professionals (31.5%, well above the 20.5% national share) and technical roles (18.1%), with notably fewer people in trades and elementary occupations, reflecting the area's educated, urban demographic.