At a Glance
Average Property Price - TN18
£485,412
79
National percentile
Average Monthly Rent - TN
£1,342
71
National percentile
Average Net Household Income - TN18
£44,755
75
National percentile
Flat / Maisonette Yield - TN
5.4%
42
National percentile
10-Year Annualised Price Growth - TN18
2.5%
15
National percentile
10-Year Annualised Rent Growth - TN
4.2%
69
National percentile
Property Price & Volume Trends
The average property price of £485,000 places TN18 among the more expensive areas nationally. However, price growth has lagged significantly behind the UK average, with 10-year annualised growth of just 2.5% — among the slowest-growing districts nationally. Transaction activity has declined noticeably, with 68 sales in the latest year compared to a 10-year average of 106 annually.
Rent & Yield Trends
Average monthly rents of £1,342 sit above the national midpoint. Rental growth has been robust at 4.2% annually over the past decade, broadly in line with national trends. The flat yield currently stands at 5.4%, an improvement on the 10-year average of 4.6%, signalling strengthening returns for landlords despite the broader slowdown in capital appreciation.
Income & Affordability Trends
Average household income of £44,755 is notably above the national average. Purchase affordability has deteriorated: the price-to-income ratio has risen from 9.4x in 2016 to 11.5x today, making homeownership considerably less accessible. Rental affordability has also worsened, with rent-to-income rising from 28% to 31.9% over the same period.
Resident Demographic Profile
The population skews notably older, with over one in five residents aged 65 or above and those aged 50–64 also significantly overrepresented. The working-age population aged 25–34 is markedly below national average. Housing is dominated by outright ownership at 40.4%, well above the national norm, while private and social renting are both compressed below typical levels. The employment profile is weighted heavily towards managers and professionals, who together account for 40% of workers, with a correspondingly low proportion in elementary roles.