Property trends for BS48

The average property price of £445,000 places BS48 among the more expensive districts nationally. Over the past decade, prices have grown at 3.7% annually—close to the national trend—with 338 sales in the latest full year compared to a 10-year average of 380, indicating slightly below-average recent transaction activity.

Rents in the broader BS postcode area average £1,592 per month, well above the national average. Rental growth over ten years has been notably strong at 5.4% annually, ranking among the fastest nationally. The flat yield has risen to 5.7%, up from a 10-year average of 4.8%, suggesting an improving outlook for rental investors.

Average household income of £45,000 is above the national median. The price-to-income ratio stands at 10.6x, having worsened from 9.5x in 2016, reflecting stronger price growth than income growth. Rental affordability has also tightened: the rent-to-income ratio has risen from 34.8% to 41.1% over the same period, indicating growing pressure on renters.

The population is notably older than average, with 28% aged 65 and over compared to the national figure of 19.6%, while those aged 16–24 are significantly underrepresented at 8% versus 11% nationally. Owner-occupation is exceptionally high at 48% outright ownership and 32% with mortgage, well above national norms, whilst private renting accounts for just 12%. The workforce skews towards professionals (23%) and managers (16%), both above national averages, with fewer in elementary roles.