At a Glance
Average Property Price - TA12
£331,053
52
National percentile
Average Monthly Rent - TA
£945
40
National percentile
Average Net Household Income - TA12
£37,460
46
National percentile
Flat / Maisonette Yield - TA
6.0%
72
National percentile
10-Year Annualised Price Growth - TA12
3.6%
50
National percentile
10-Year Annualised Rent Growth - TA
3.5%
23
National percentile
Property Price & Volume Trends
The average property price in TA12 stands at £331,053, broadly in line with the national average. Ten-year annualised price growth has been 3.6%, tracking closely with the pace of growth seen across England and Wales as a whole. Transaction activity has softened recently, with 89 sales recorded in the latest full year compared to a ten-year average of 114 per annum.
Rent & Yield Trends
Monthly rents average £945 across the broader TA area—below the national average, reflecting the rural and semi-rural character of the postcode. Rent growth over the past decade has been 3.5% annually, below the pace seen in faster-appreciating regions nationally. The flat yield currently stands at 6.0%, a marked improvement from its ten-year average of 5.3%, suggesting better returns for buy-to-let investors in recent conditions.
Income & Affordability Trends
Average household net income in TA12 is £37,460, slightly below the national median. The price-to-income ratio has risen to 9.1x from 7.3x in 2016, indicating that purchase affordability has noticeably worsened over that period. Rental affordability has also tightened slightly, with the rent-to-income ratio rising from 26.5% in 2016 to 27.1% today.
Resident Demographic Profile
The age profile is heavily skewed toward older residents: those aged 50–64 make up 23.4% of the population (versus 19.8% nationally), and the 65+ cohort comprises 29.6%—far above the national average of 19.6%. Conversely, the young-adult population is sparse, with the 16–24 age group at just 8.1%. Housing tenure reflects a distinctly settled, mature population: 45.1% own their homes outright, well above the national figure of 33.7%. The employment mix is marked by a higher proportion in trades (15%) relative to the national average of 10.5%, reflecting the rural and semi-rural economy.