At a Glance
Average Property Price - TA9
£297,573
41
National percentile
Average Monthly Rent - TA
£945
40
National percentile
Average Net Household Income - TA9
£36,284
39
National percentile
Flat / Maisonette Yield - TA
6.0%
72
National percentile
10-Year Annualised Price Growth - TA9
2.7%
21
National percentile
10-Year Annualised Rent Growth - TA
3.5%
23
National percentile
Property Price & Volume Trends
The average property price in TA9 stands at £298,000, broadly in line with the national average. Ten-year growth has been subdued at 2.7% annually, significantly below the national pace. Transaction volumes have eased slightly, with 166 sales in the latest year compared to a ten-year average of 194 per annum.
Rent & Yield Trends
Average monthly rent in the wider TA postcode area is £945, slightly below the national midpoint. Rental growth over the past decade has lagged nationally at 3.5% per annum. The flat yield stands at 6.0%, up from a ten-year average of 5.3%, indicating a modest improvement in rental returns.
Income & Affordability Trends
Average household net income of £36,284 sits slightly below the national average. The price-to-income ratio of 8.4x reflects tighter affordability than in 2016, when it stood at 7.5x. Rental affordability has also deteriorated marginally, with tenants now spending 27.1% of income on rent against 26.5% a decade ago.
Resident Demographic Profile
The population is notably skewed towards older age groups: those aged 50–64 comprise nearly a quarter of residents (23%), and over-65s represent 28%—substantially above the national norm of 20%. Correspondingly, younger cohorts, particularly 16–24-year-olds, are underrepresented at just 8%. Housing tenure reflects this profile, with 44% owning outright—well above the 34% national average—and private rented accommodation at only 14%. The employment mix shows above-average representation in skilled trades (14%) and caring occupations (11%), with proportionally fewer professionals.