Property trends for TA1

    TA1 covers Taunton and its immediate surroundings in Somerset, positioned in the south-west of England. It is a market town district with a blend of residential appeal, local employment, and moderate affordability that draws families and commuters alike.

    At a Glance

    Average Property Price - TA1

    £287,922

    39

    National percentile

    Average Monthly Rent - TA

    £945

    40

    National percentile

    Average Net Household Income - TA1

    £39,489

    56

    National percentile

    Flat / Maisonette Yield - TA

    6.0%

    72

    National percentile

    10-Year Annualised Price Growth - TA1

    3.5%

    47

    National percentile

    10-Year Annualised Rent Growth - TA

    3.5%

    23

    National percentile

    Property Price & Volume Trends

    The average property price in TA1 is £288,000, which sits slightly below the national average. Over the past decade, prices have grown at 3.5% annually—a pace roughly in line with the national trend. Transaction activity has eased recently, with 566 sales in the latest full year compared to a 10-year average of 709, suggesting a moderately softer market.

    Rent & Yield Trends

    Average monthly rent stands at £945, marginally below the national middle ground. Rental growth over the past decade has been modest at 3.5% per year, noticeably slower than the national pace. Gross yields are currently 6.0%, a notable improvement from the 10-year average of 5.3%, reflecting stronger rental income relative to property values.

    Income & Affordability Trends

    Household income in TA1 averages £39,489, slightly above the national median. The price-to-income ratio of 7.1x indicates housing has become less affordable since 2016, when it stood at 6.5x. Rental affordability has also tightened: renters now spend 27.1% of income on housing, up from 26.5% in 2016.

    Resident Demographic Profile

    The population skews slightly older, with 21% aged 65 and over compared to the national 19.6%, while young adults aged 16–24 are noticeably underrepresented at 8.9% against 11.0% nationally. Private renting is substantially more common here at 28.1% versus 21.7% nationally, while mortgage ownership is correspondingly lower. The workforce shows stronger representation in caring roles (12.5% versus 9.2% nationally) and a weaker presence of managers relative to the national profile.

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