At a Glance
Average Property Price - BS31
£449,040
74
National percentile
Average Monthly Rent - BS
£1,592
84
National percentile
Average Net Household Income - BS31
£44,197
73
National percentile
Flat / Maisonette Yield - BS
5.7%
58
National percentile
10-Year Annualised Price Growth - BS31
4.8%
87
National percentile
10-Year Annualised Rent Growth - BS
5.4%
96
National percentile
Property Price & Volume Trends
The latest average property price of £449,000 places BS31 among the most expensive areas nationally. Over the past decade, prices have grown at 4.8% annually — a notably strong performance compared to the UK overall. However, transaction activity has declined; the latest year saw 342 sales against a 10-year average of 462, suggesting a slightly slower market tempo.
Rent & Yield Trends
Average monthly rents of £1,592 are among the highest nationally. Rental growth over the past decade has been exceptionally strong at 5.4% per year, outpacing the vast majority of UK markets. The flat yield stands at 5.7%, a meaningful improvement from its 10-year average of 4.8%, reflecting the strength of rental growth relative to price appreciation.
Income & Affordability Trends
Average household income of £44,197 is above the national median. Purchase affordability has improved modestly: the price-to-income ratio has fallen from 9.6x in 2016 to 9.0x today. Rental affordability has moved in the opposite direction; rents now consume 41.1% of household income compared to 34.8% a decade ago, indicating tighter rental affordability.
Resident Demographic Profile
The area skews notably older than the national average, with 23.9% aged 65 and over versus 19.6% nationally, and only 8.3% aged 16–24 compared to 11.0% nationally. Home ownership is significantly higher: 40% own outright and 32.7% own with a mortgage, against national figures of 33.7% and 27.0%, while private renting is correspondingly lower at 11.7%. The employment profile is weighted towards professionals (24% versus 20.5% nationally) and managers (14.3% versus 13.4%), with notably fewer elementary workers (7.6% versus 10.2%).