At a Glance
Average Property Price - TF8
£306,618
44
National percentile
Average Monthly Rent - TF
£830
23
National percentile
Average Net Household Income - TF8
£38,863
53
National percentile
Flat / Maisonette Yield - TF
6.3%
92
National percentile
10-Year Annualised Price Growth - TF8
3.9%
62
National percentile
10-Year Annualised Rent Growth - TF
3.6%
38
National percentile
Property Price & Volume Trends
The average property price of £307,000 sits close to the national midpoint. Over the past decade, prices have grown at 3.9% annually—a solid pace, placing growth slightly above the national average. Transaction activity has softened recently: 61 sales in the latest full year compared to a 10-year average of 71, suggesting a moderately quieter market.
Rent & Yield Trends
Monthly rents of £830 are notably below the national average, reflecting the area's rural and small-town character. Rental growth has lagged nationally at 3.6% annually over the past decade. The flat yield currently stands at 6.3%, having improved from a 10-year average of 6.0%, indicating strengthening returns for buy-to-let investors.
Income & Affordability Trends
Average household income of £39,000 aligns closely with the national norm. The price-to-income ratio of 8.2x has widened since 2016 (7.5x), reflecting slower income growth relative to property prices and suggesting modest erosion in purchase affordability. Rental affordability has remained essentially flat, with the rent-to-income ratio at 23.9%, compared to 23% in 2016.
Resident Demographic Profile
The population skews notably older: those aged 50–64 make up a quarter of residents (against a national 19.8%), and over-65s account for nearly a quarter (versus 19.6% nationally). Conversely, young adults aged 16–24 are underrepresented at 8.4% against the national 11.0%. The area has a strong emphasis on owner-occupation, with 73.8% owning outright or with a mortgage—well above the national 60.7%—and correspondingly low private rental tenure. Managerial roles are more prominent than nationally (17.2% vs 13.4%), while elementary occupations are less common (7.3% vs 10.2%).