At a Glance
Average Property Price - TA18
£270,089
34
National percentile
Average Monthly Rent - TA
£945
40
National percentile
Average Net Household Income - TA18
£35,391
34
National percentile
Flat / Maisonette Yield - TA
6.0%
72
National percentile
10-Year Annualised Price Growth - TA18
3.0%
28
National percentile
10-Year Annualised Rent Growth - TA
3.5%
23
National percentile
Property Price & Volume Trends
The latest average property price in TA18 is £270,000, placing it below the national average. Over the past decade, prices have grown at 3.0% annually—below the national pace—reflecting steadier but more modest appreciation than many other regions. Transaction activity has remained relatively stable, with 200 sales in the latest full year compared to a 10-year average of 207, indicating a consistent if unspectacular market.
Rent & Yield Trends
Average monthly rent in the broader TA postcode area is £945, sitting just below the national midpoint. Rental growth over ten years has averaged 3.5% annually, which is below the national trend, suggesting rents have not kept pace with demand pressures elsewhere. The flat yield stands at 6.0%, noticeably above its 10-year average of 5.3%, indicating improving returns for landlords in recent times.
Income & Affordability Trends
Average household income in TA18 is £35,391, below the national average. The price-to-income ratio has risen slightly from 7.3x in 2016 to 7.5x today, signalling that property affordability for buyers has edged marginally worse despite the lower absolute prices. Rental affordability has also deteriorated modestly, with the rent-to-income ratio climbing from 26.5% to 27.1% over the same period.
Resident Demographic Profile
TA18 has a notably older population profile: nearly 30% are aged 65 and over, almost ten percentage points above the national average, while those aged 16–24 represent just 7.8%, well below the typical 11.0%. Housing tenure is distinctive too, with 45% owning their homes outright—significantly higher than the 33.7% national average—and correspondingly lower private rented and social rented shares. Employment is weighted towards trades (15.2%) and caring professions (11.1%), both above their national equivalents, reflecting a working-class and service-oriented economy.