At a Glance
Average Property Price - TF1
£222,083
18
National percentile
Average Monthly Rent - TF
£830
23
National percentile
Average Net Household Income - TF1
£35,507
35
National percentile
Flat / Maisonette Yield - TF
6.3%
92
National percentile
10-Year Annualised Price Growth - TF1
3.4%
44
National percentile
10-Year Annualised Rent Growth - TF
3.6%
38
National percentile
Property Price & Volume Trends
The latest average property price in TF1 is £222,000, placing it below the national average. Over ten years, the postcode has seen annualised growth of 3.4%, which is roughly in line with the national trend. Transaction activity has eased noticeably: the latest full year saw 419 sales, compared to a ten-year average of 610 per year, suggesting a shift towards a quieter market.
Rent & Yield Trends
Average monthly rent in the broader TF area stands at £830, below the national average. Rental growth over the past decade has run at 3.6% annually, slightly slower than the national pace. The flat yield currently sits at 6.3%, which is modestly above its ten-year average of 6.0%, reflecting a modest improvement in rental returns for investors.
Income & Affordability Trends
Average net household income in TF1 is £35,507, below the national average. The price-to-income ratio has risen to 6.5x, up from 5.5x in 2016, indicating that property has become less affordable relative to local earnings over that period. Rental affordability has held relatively steady: the rent-to-income ratio stands at 23.9%, only marginally higher than the 23% recorded in 2016.
Resident Demographic Profile
The age profile is broadly balanced, though there is a slightly larger young family cohort (under 15s make up 19.7% vs 17.5% nationally), while the over-65 population at 16.9% is notably below the national average of 19.6%. Housing tenure shows a stronger owner-occupied base: 30% own with a mortgage (above the 27% national average) and 28.2% own outright, whilst social rented housing at 20.1% is above the national 16.5%, reflecting mixed provision. The employment mix is weighted towards elementary and plant/machine roles (13% and 12.9% respectively, both well above national averages), whilst professional occupations at 16.5% are notably underrepresented compared to the 20.5% national average.