At a Glance
Average Property Price - TA15
£498,833
80
National percentile
Average Monthly Rent - TA
£945
40
National percentile
Average Net Household Income - TA15
£37,048
44
National percentile
Flat / Maisonette Yield - TA
6.0%
72
National percentile
10-Year Annualised Price Growth - TA15
5.8%
96
National percentile
10-Year Annualised Rent Growth - TA
3.5%
23
National percentile
Property Price & Volume Trends
The latest average property price of £499,000 places TA15 among the most expensive nationally. Over the past decade, prices have grown at 5.8% annually—significantly faster than the UK average, reflecting sustained above-average demand. However, transaction activity has slowed sharply: just 3 sales were recorded in the latest full year, against a 10-year average of 9 per year, indicating a thinning market.
Rent & Yield Trends
Monthly rents average £945, slightly below the national midpoint. Over ten years, rents have risen at 3.5% annually—notably slower than the UK average, suggesting limited rental pressure in the area. The flat yield currently stands at 6.0%, up from a 10-year average of 5.3%, indicating a recent improvement in rental returns despite modest absolute rent levels.
Income & Affordability Trends
Average household income of £37,048 is slightly below the national average. The price-to-income ratio of 8.6x has improved considerably since 2016 (when it stood at 9.8x), making owner-occupation somewhat more affordable relative to local earnings. Rental affordability has tightened slightly: renters now spend 27.1% of income on rent, up from 26.5% in 2016, a modest but meaningful shift.
Resident Demographic Profile
TA15 has a markedly older population: over half of residents are aged 50 or above, with 30% aged 65 and over—far above the national average of 19.6%. Younger age groups are notably underrepresented, particularly those aged 16–24, suggesting limited appeal to early-career professionals. Housing tenure is dominated by outright ownership (47.4%), well above the national norm, reflecting the area's mature demographic. The employment mix shows stronger representation in trades (15.1%) and management roles (14.4%) than national levels, while elementary occupations are underrepresented.