Property trends for TA19

    TA19 covers the South Somerset area, situated in the south-west of England. It is a rural and semi-rural district with a distinctly older demographic profile and a strong emphasis on traditional trades and skilled work.

    At a Glance

    Average Property Price - TA19

    £316,022

    47

    National percentile

    Average Monthly Rent - TA

    £945

    40

    National percentile

    Average Net Household Income - TA19

    £38,484

    52

    National percentile

    Flat / Maisonette Yield - TA

    6.0%

    72

    National percentile

    10-Year Annualised Price Growth - TA19

    2.4%

    14

    National percentile

    10-Year Annualised Rent Growth - TA

    3.5%

    23

    National percentile

    Property Price & Volume Trends

    The average property price in TA19 stands at £316,000, broadly in line with the national average. Over the past decade, prices have grown at 2.4% annually — among the slowest-growing areas nationally. Transaction activity has softened noticeably, with 173 sales in the latest full year compared to a 10-year average of 224, reflecting reduced market momentum.

    Rent & Yield Trends

    Average monthly rent in the TA postcode area is £945, modestly below the national average. Rental growth over the past decade has been steady at 3.5% per year, but this remains slower than national trends. The flat yield has improved to 6.0% from a 10-year average of 5.3%, suggesting rental income has become more attractive relative to capital value in recent years.

    Income & Affordability Trends

    Average net household income of £38,484 is in line with the national median. The price-to-income ratio of 9.0x has risen from 8.0x in 2016, indicating that property has become less affordable relative to earnings over that period. Rental affordability has also tightened slightly, with rent-to-income rising from 26.5% in 2016 to 27.1% today.

    Resident Demographic Profile

    The population skews considerably older, with over 30% aged 65 and above — nearly a decade and a half above the national average — and notably few young adults (7% aged 16–24, well below the 11% national norm). Housing tenure is dominated by outright ownership at 46.4%, substantially higher than the national 33.7%, reflecting the age profile. The employment mix is characterised by a notably strong trades workforce at 16.4% — significantly above the 10.5% national average — alongside a slightly elevated caring sector at 10.6%.

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