Property trends for TF13

    TF13 covers parts of Shropshire in the West Midlands, positioned in the south and east of the TF postcode area. It is a predominantly rural and semi-rural district with a mature population profile and a strong emphasis on owner-occupation.

    At a Glance

    Average Property Price - TF13

    £405,050

    68

    National percentile

    Average Monthly Rent - TF

    £830

    23

    National percentile

    Average Net Household Income - TF13

    £37,055

    44

    National percentile

    Flat / Maisonette Yield - TF

    6.3%

    92

    National percentile

    10-Year Annualised Price Growth - TF13

    2.8%

    24

    National percentile

    10-Year Annualised Rent Growth - TF

    3.6%

    38

    National percentile

    Property Price & Volume Trends

    The latest average property price in TF13 is £405,000, placing it among the more expensive areas nationally. Over the past decade, prices have grown at 2.8% annually, significantly below the national average, suggesting relatively modest appreciation compared to other UK regions. Transaction activity has declined, with 38 sales in the latest full year against a 10-year average of 49, indicating a quieter market than its historical norm.

    Rent & Yield Trends

    Average monthly rent in the broader TF area is £830, well below the national average. Rents have grown at 3.6% per year over the past decade, broadly in line with national trends. The flat yield currently stands at 6.3%, slightly above its 10-year average of 6.0%, reflecting a modest improvement in rental returns for investors.

    Income & Affordability Trends

    Average net household income is £37,055, close to the national median. The price-to-income ratio has deteriorated significantly since 2016, rising from 9.5x to 11.9x, indicating that properties have become less affordable relative to earnings over this period. Rental affordability has remained broadly stable, with the rent-to-income ratio at 23.9% compared to 23% in 2016.

    Resident Demographic Profile

    TF13 has a notably older population: those aged 50 and above comprise over half the area, with the 65+ group alone representing 27% of residents—well above the national average of 19.6%. Young adults aged 16–24 and 25–34 are significantly underrepresented, at 7.3% and 9% respectively. Owner-occupation is markedly strong, with 42.7% owning outright and 23.3% with mortgages, reflecting a property-owning and established resident base. Employment is skewed towards trades (15.3%) and managers (15.8%), with fewer professionals than the national average.

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