At a Glance
Average Property Price - TA22
£279,472
36
National percentile
Average Monthly Rent - TA
£945
40
National percentile
Average Net Household Income - TA22
£36,132
38
National percentile
Flat / Maisonette Yield - TA
6.0%
72
National percentile
10-Year Annualised Price Growth - TA22
-0.4%
2
National percentile
10-Year Annualised Rent Growth - TA
3.5%
23
National percentile
Property Price & Volume Trends
The average property price in TA22 stands at £279,000, well below the national midpoint and among the more affordable parts of England. Over the past decade, prices have remained essentially flat—declining slightly at an annualised rate of 0.4%—making it among the slowest-growing markets nationally. Transaction activity has softened noticeably, with 27 sales recorded in the latest full year compared to a 10-year average of 39, reflecting the quieter nature of this rural market.
Rent & Yield Trends
Average monthly rent across the broader TA postcode area is £945, sitting slightly below the national median. Rental growth over ten years has averaged 3.5% annually, a pace slower than the national trend. The current flat yield of 6.0% is notably above its 10-year average of 5.3%, signalling improved returns for landlords in recent times as rents have risen relative to property values.
Income & Affordability Trends
Average household income in TA22 is £36,000, modestly below the national average. The price-to-income ratio stands at 11.3x, an increase from 10.6x in 2016, indicating that properties have become less affordable relative to local earnings over the period. Rental affordability has similarly worsened; rent now takes up 27.1% of gross household income compared to 26.5% a decade ago.
Resident Demographic Profile
TA22 has a markedly aged population: over one-third of residents are aged 65 and above—nearly twice the national share—while those aged 16–24 and 25–34 are significantly underrepresented. Housing tenure is heavily skewed towards outright ownership at nearly 50%, far above the national average, with correspondingly lower levels of mortgage ownership and private renting. The employment mix is dominated by trades workers at 22% of the workforce, well above the national norm, while professional-level employment is notably sparse at under 13%.