Property trends for TF2

    TF2 covers the Telford area in Shropshire, located in the West Midlands region. It is a growing town with a mixed residential and commercial character, offering suburban living with good transport links.

    At a Glance

    Average Property Price - TF2

    £246,029

    27

    National percentile

    Average Monthly Rent - TF

    £830

    23

    National percentile

    Average Net Household Income - TF2

    £35,887

    37

    National percentile

    Flat / Maisonette Yield - TF

    6.3%

    92

    National percentile

    10-Year Annualised Price Growth - TF2

    4.7%

    84

    National percentile

    10-Year Annualised Rent Growth - TF

    3.6%

    38

    National percentile

    Property Price & Volume Trends

    The latest average property price in TF2 is £246,000, which sits below the national average. Over the past decade, the area has experienced strong annualised price growth of 4.7%, outpacing most of the country. However, transaction activity has fallen significantly, with 425 sales in the latest full year compared to a 10-year average of 569—a decline of around 25%.

    Rent & Yield Trends

    Average monthly rent across the broader TF postcode area stands at £830, below the national average. Rental growth over ten years has been moderate at 3.6% annualised, slightly below the national pace. The flat yield currently sits at 6.3%, slightly above its 10-year average of 6.0%, suggesting a modest improvement in rental returns.

    Income & Affordability Trends

    Average net household income in TF2 is £35,887, modestly below the national average. The price-to-income ratio has worsened since 2016, rising from 5.6x to 7.1x, indicating that property has become less affordable relative to local earnings. Rental affordability has remained broadly stable, with the rent-to-income ratio at 23.9% compared to 23% seven years ago.

    Resident Demographic Profile

    The population is slightly older than average, with those aged 50–64 representing 20.5% of residents compared to 19.8% nationally. Social rented housing is notably above the national average at 20.4%, reflecting a higher proportion of affordable rental stock. The employment mix shows a higher concentration of elementary occupations (12.9% vs 10.2% nationally) and plant or machine operatives (11.6% vs 6.6% nationally), typical of an industrial town, while professional occupations are underrepresented at 15.1% against 20.5% nationally.

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