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.
