At a Glance
Average Property Price - TA2
£299,948
42
National percentile
Average Monthly Rent - TA
£945
40
National percentile
Average Net Household Income - TA2
£39,656
57
National percentile
Flat / Maisonette Yield - TA
6.0%
72
National percentile
10-Year Annualised Price Growth - TA2
3.2%
36
National percentile
10-Year Annualised Rent Growth - TA
3.5%
23
National percentile
Property Price & Volume Trends
The latest average property price in TA2 is £300,000, placing it slightly below the national midpoint. Over the past decade, prices have grown at 3.2% annually, a rate slower than the national average, reflecting more modest appreciation in this part of Somerset. Transaction volumes have softened in recent years, with 463 sales in the latest full year compared to a 10-year average of 597 per annum.
Rent & Yield Trends
Average monthly rent in the broader TA area stands at £945, broadly in line with the national median. Rental growth over ten years has averaged 3.5% annually, outpacing the slowest-growing regions nationally. The flat yield has risen to 6.0% in the latest year, up from a 10-year average of 5.3%, signalling improving returns for buy-to-let investors.
Income & Affordability Trends
Average household net income in TA2 is £39,656, marginally above the national average. The current price-to-income ratio of 7.3x has edged upward slightly since 2016 (7.1x), suggesting purchase affordability has tightened modestly. Rental affordability has similarly squeezed, with rent now consuming 27.1% of household income compared to 26.5% in 2016.
Resident Demographic Profile
The area has a notably high proportion of working-age adults in caring roles—12.8%, well above the national average of 9.2%—and a stronger than average representation in technical occupations at 12.9%. Conversely, the 16–24 age group is under-represented at 9.4% versus the national 11%, reflecting limited appeal to younger adults. Housing tenure is fairly balanced, with owner-occupation (both outright and mortgaged) at 61.5%, close to the national norm, and no significant departure from typical patterns in social or private renting.