At a Glance
Average Property Price - TD15
£237,378
24
National percentile
Average Monthly Rent - TD
£661
3
National percentile
Average Net Household Income - TD15
£30,498
9
National percentile
Flat / Maisonette Yield - TD
5.4%
37
National percentile
10-Year Annualised Price Growth - TD15
3.0%
29
National percentile
10-Year Annualised Rent Growth - TD
3.1%
8
National percentile
Property Price & Volume Trends
The average property price in TD15 is £237,000, placing it well below the national average — among the cheapest quarters of the market nationally. Over the past decade, prices have grown at 3.0% annually, which is below the national pace of growth. Transaction activity last year stood at 211 sales, down from a 10-year average of 252 annually, reflecting a modest slowdown in market turnover.
Rent & Yield Trends
Average monthly rent across the broader TD postcode area is £661, placing it among the cheapest rental markets nationally. Rents have grown at 3.1% annually over the past decade, below the national growth rate. The flat yield currently stands at 5.4%, notably above its 10-year average of 4.8%, signalling improving returns for landlords in recent years.
Income & Affordability Trends
Average net household income is £30,498, well below the national average and among the lowest nationally. The price-to-income ratio of 7.5x has worsened since 2016 (when it stood at 6.8x), reflecting declining affordability for purchase despite modest absolute prices. Rental affordability has improved: the rent-to-income ratio has fallen from 68.6% in 2016 to 63.8% today, easing pressure on renters' household budgets.
Resident Demographic Profile
The population skews notably older than national norms: over-65s account for 28.4% compared to 19.6% nationally, while those aged 16–24 represent just 7.8% against a national 11.0%. Housing tenure is marked by high outright ownership at 39.1% (well above the national 33.7%) and elevated social rented accommodation at 21.5% versus 16.5% nationally. The employment profile reflects rural character: trades workers comprise 15.6% of the workforce (50% higher than national), whilst professional occupations are significantly underrepresented at 10.7% against a national 20.5%.