At a Glance
Average Property Price - TN16
£542,129
85
National percentile
Average Monthly Rent - TN
£1,342
71
National percentile
Average Net Household Income - TN16
£51,873
92
National percentile
Flat / Maisonette Yield - TN
5.4%
42
National percentile
10-Year Annualised Price Growth - TN16
3.0%
27
National percentile
10-Year Annualised Rent Growth - TN
4.2%
69
National percentile
Property Price & Volume Trends
The average property price of £542,000 places TN16 among the most expensive nationally. However, 10-year annualised growth of 3.0% has lagged the national pace significantly. Transaction volumes have slowed in the latest year, with 237 sales against a 10-year average of 289 per annum.
Rent & Yield Trends
Average monthly rents of £1,342 sit above the national midpoint. Rental growth over the past decade, at 4.2% annually, has outpaced the national average. The flat yield of 5.4% represents a marked improvement on the 10-year average of 4.6%, reflecting a tightening rental market relative to property values.
Income & Affordability Trends
Household incomes here are substantially above average at £51,873, placing the area among the most affluent nationally. The purchase affordability picture has deteriorated: the price-to-income ratio has widened from 9.8x in 2016 to 10.8x today. Rental affordability has also worsened, with the rent-to-income ratio rising from 28% to 31.9% over the same period.
Resident Demographic Profile
The age profile skews notably older than the national norm: those aged 50–64 represent 22% of the population, and pensioners (65+) account for 21.8%, both well above their national shares. Housing tenure shows much stronger ownership: 41% own outright and 38.5% own with a mortgage, leaving only 11.6% in private rental tenure. The workforce is dominated by managers (18%) and professionals (18.6%), with notably fewer people in elementary roles (6.1%) and sales positions (5.6%).