At a Glance
Average Property Price - TA5
£356,813
58
National percentile
Average Monthly Rent - TA
£945
40
National percentile
Average Net Household Income - TA5
£38,347
51
National percentile
Flat / Maisonette Yield - TA
6.0%
72
National percentile
10-Year Annualised Price Growth - TA5
4.4%
77
National percentile
10-Year Annualised Rent Growth - TA
3.5%
23
National percentile
Property Price & Volume Trends
The average property price in TA5 is £357,000, slightly above the national midpoint. Over the past decade, prices have grown at 4.4% annually—a rate comfortably above the national norm, reflecting sustained demand. Transaction activity has softened recently, with 161 sales in the latest full year compared to a 10-year average of 231, suggesting a tightening of market activity.
Rent & Yield Trends
Monthly rents average £945 across the broader TA postcode, below the national midpoint. Rental growth has lagged nationally, rising 3.5% annually over the past decade. The flat yield stands at 6.0%, a meaningful improvement on its 10-year average of 5.3%, indicating strengthening returns for landlords despite slower rent growth.
Income & Affordability Trends
Average net household income is £38,347, in line with the national average. The price-to-income ratio of 8.8x has risen from 7.9x in 2016, meaning homes have become less affordable relative to earnings over this period. Rental affordability has also tightened slightly: renters now spend 27.1% of income on rent, up from 26.5% six years ago.
Resident Demographic Profile
The population is notably older, with nearly a quarter aged 65 and over (against 19.6% nationally) and only 8.4% aged 16–24 (well below the 11.0% average). Ownership is strong: 43.8% own outright, substantially above the national 33.7%. The trades workforce is overrepresented at 15.3%, while professionals are underrepresented at 15.5%.