At a Glance
Average Property Price - TA8
£292,883
40
National percentile
Average Monthly Rent - TA
£945
40
National percentile
Average Net Household Income - TA8
£33,179
20
National percentile
Flat / Maisonette Yield - TA
6.0%
72
National percentile
10-Year Annualised Price Growth - TA8
4.0%
65
National percentile
10-Year Annualised Rent Growth - TA
3.5%
23
National percentile
Property Price & Volume Trends
The average property price in TA8 is £293,000, positioning it around the middle of the national market. Over the past decade, prices have grown at 4.0% annually—a pace broadly in line with the national trend. Transaction activity has softened recently, with 285 sales in the latest year against a ten-year average of 343, suggesting a modest slowdown in market momentum.
Rent & Yield Trends
Average monthly rent across the broader TA postcode area stands at £945, in line with the national midpoint. Rental growth over ten years has been below the national average at 3.5% annually, indicating more subdued rental demand than many regions. The current flat yield of 6.0% represents a meaningful uplift from its ten-year average of 5.3%, pointing to improved returns for landlords in recent times.
Income & Affordability Trends
Average net household income of £33,179 sits well below the national average, placing the area among the lower-income regions nationally. Purchase affordability has deteriorated: the price-to-income ratio has risen from 7.6x in 2016 to 8.6x today, meaning property has become significantly less affordable relative to local earnings. Rental affordability has also worsened slightly, with the rent-to-income ratio climbing from 26.5% to 27.1%, leaving renters with a marginally tighter share of household income committed to housing.
Resident Demographic Profile
TA8 has a distinctly older population profile: over one-third (33.1%) are aged 65 and above—nearly 70% higher than the national average—while those aged 16–24 and 25–34 are substantially underrepresented. Outright home ownership is notably high at 47.6%, well above the national norm of 33.7%, while private rental and social housing tenures are both below average. The employment mix shows above-average representation in trades (14.4% vs 10.5% nationally) and caring professions (12.6% vs 9.2%), but a relatively thin professional workforce.