At a Glance
Average Property Price - TF10
£346,067
55
National percentile
Average Monthly Rent - TF
£830
23
National percentile
Average Net Household Income - TF10
£38,947
54
National percentile
Flat / Maisonette Yield - TF
6.3%
92
National percentile
10-Year Annualised Price Growth - TF10
4.7%
85
National percentile
10-Year Annualised Rent Growth - TF
3.6%
38
National percentile
Property Price & Volume Trends
The current average price of £346,000 sits close to the national midpoint, reflecting a fairly typical market valuation. Over the past decade, the area has experienced above-average price growth at 4.7% annually, placing it among the stronger performers across England. Transaction activity has slowed noticeably, with 204 sales in the latest year compared to a 10-year average of 332—a 39% decline that suggests reduced market momentum.
Rent & Yield Trends
Monthly rents average £830, substantially below the national norm and among the more affordable areas to rent in. Rental growth over ten years has been steady at 3.6% annually, but sits below the national pace, indicating slower wage-matching in this market. The current flat yield of 6.3% has improved slightly from its 10-year average of 6.0%, suggesting a modest improvement in rental returns despite the slower rent inflation.
Income & Affordability Trends
Average household income of £39,000 is close to the national median, placing the area firmly in the mainstream. Purchase affordability has deteriorated materially: the price-to-income ratio has risen from 7.3x in 2016 to 8.3x today, meaning homes now require nearly a year's extra income to purchase. Rental affordability has remained essentially stable, with rent consuming 23.9% of household income versus 23% eight years ago.
Resident Demographic Profile
The area skews notably older: those aged 65 and over comprise 23.6% of the population, well above the national average of 19.6%, whilst the 25–34 age group is significantly underrepresented at 9.2% versus 13.4% nationally. Housing tenure is weighted heavily towards ownership; 40.8% own outright—7 percentage points above average—whilst the private rental share of 18.3% sits below the national norm of 21.7%. The employment profile is largely balanced, though managers are slightly overrepresented at 15.2% compared to 13.4% nationally.