At a Glance
Average Property Price - TA24
£307,330
44
National percentile
Average Monthly Rent - TA
£945
40
National percentile
Average Net Household Income - TA24
£33,314
21
National percentile
Flat / Maisonette Yield - TA
6.0%
72
National percentile
10-Year Annualised Price Growth - TA24
3.7%
57
National percentile
10-Year Annualised Rent Growth - TA
3.5%
23
National percentile
Property Price & Volume Trends
The average property price in TA24 is £307,000, roughly in line with the national average. Over the past decade, prices have grown at 3.7% annually—a pace very close to the national trend. Transaction activity has softened noticeably, with 265 sales in the latest full year compared to an average of 353 per year over the previous decade.
Rent & Yield Trends
Monthly rents in the broader TA area average £945, slightly below the national typical level. Rent growth over ten years has been 3.5% annually, which lags behind the national pace. Yields have improved recently, standing at 6.0% compared to a ten-year average of 5.3%, reflecting stronger rental demand relative to capital values.
Income & Affordability Trends
Average household income in TA24 is £33,314, well below the national median. This has made property less affordable over time: the price-to-income ratio has risen from 8.3x in 2016 to 10.1x today, indicating tighter purchase conditions. Rental affordability has also slipped slightly, with rents now consuming 27.1% of household income compared to 26.5% in 2016.
Resident Demographic Profile
TA24 has an distinctly older population structure: over one third are aged 65 and above, against a national average of just under one fifth. Those aged 50–64 are also significantly overrepresented. The cohort aged 16–24 is notably sparse. Outright home ownership is exceptionally high at nearly half of all dwellings, well above the national norm, whilst mortgage-financed ownership is correspondingly low. The employment profile is notably weighted toward trades (16.8%, against 10.5% nationally) and caring roles (13.4% against 9.2%), with fewer professionals than average.