At a Glance
Average Property Price - TA3
£431,163
72
National percentile
Average Monthly Rent - TA
£945
40
National percentile
Average Net Household Income - TA3
£41,566
64
National percentile
Flat / Maisonette Yield - TA
6.0%
72
National percentile
10-Year Annualised Price Growth - TA3
3.2%
34
National percentile
10-Year Annualised Rent Growth - TA
3.5%
23
National percentile
Property Price & Volume Trends
The average property price in TA3 is £431,000, placing it among the more expensive districts nationally. However, price growth over the past decade has been modest at 3.2% annually—below the national average. Transaction activity has declined: 179 sales were recorded in the latest full year, compared with an average of 229 over the previous ten years.
Rent & Yield Trends
The average monthly rent in the TA postcode area is £945, below the national median. Rent growth has been relatively restrained at 3.5% annually, slower than the national trend. The current flat yield of 6.0% represents a solid improvement from the ten-year average of 5.3%, indicating that rental returns have strengthened in recent times.
Income & Affordability Trends
Average household income in TA3 is £41,566, positioned above the national midpoint. However, affordability has tightened: the price-to-income ratio stands at 10.5x, up from 9.9x in 2016, reflecting property price growth outpacing income gains. Rental affordability has also worsened slightly, with the rent-to-income ratio rising from 26.5% to 27.1% over the same period.
Resident Demographic Profile
TA3 has a distinctly older age profile, with 27.5% of residents aged 65 and over—well above the national average of 19.6%—while those aged 16–24 represent only 8.3%, significantly below the national figure of 11.0%. Housing tenure is heavily skewed towards outright ownership at 47.3%, far exceeding the national average of 33.7%, while private rented housing accounts for just 14.7% compared with 21.7% nationally. The employment mix shows a notably higher proportion of managers (15.4% vs 13.4% nationally) and trades workers (12.3% vs 10.5%), alongside lower representation in elementary occupations (7.9% vs 10.2%).