At a Glance
Average Property Price - TN21
£434,129
73
National percentile
Average Monthly Rent - TN
£1,342
71
National percentile
Average Net Household Income - TN21
£41,434
64
National percentile
Flat / Maisonette Yield - TN
5.4%
42
National percentile
10-Year Annualised Price Growth - TN21
3.7%
54
National percentile
10-Year Annualised Rent Growth - TN
4.2%
69
National percentile
Property Price & Volume Trends
The average property price of £434,000 sits in the upper third of the national market. Growth over the past decade has averaged 3.7% annually, broadly in line with the national pace. Transaction activity has eased notably, with 241 sales in the latest full year compared to a 10-year average of 306, suggesting a shift in market dynamics.
Rent & Yield Trends
Average monthly rent of £1,342 is above the national median, reflecting the area's desirability. Rental growth has run at 4.2% annually over ten years, outpacing the national average, indicating strong demand from tenants. The flat yield of 5.4% has improved considerably from its 10-year average of 4.6%, signalling better rental returns despite rising capital values.
Income & Affordability Trends
Average household income of £41,434 is modestly above the national mean. The price-to-income ratio of 10.3x has deteriorated since 2016 (when it stood at 8.8x), reflecting faster house price growth than income growth and tightening purchase affordability. The rent-to-income ratio of 31.9% has likewise worsened from 28% in 2016, indicating that rental costs have risen faster than earnings for tenants in the area.
Resident Demographic Profile
The population is notably older than the national average, with over a quarter aged 65 and above (compared to 20% nationally) and those aged 50–64 representing nearly a quarter. Conversely, young adults aged 16–24 are significantly underrepresented at 7.9%, well below the national figure of 11%. The area shows strong owner-occupation, with 44.6% owning outright—well above the 33.7% national average—and only 14.3% in private rental accommodation. The employment mix is skewed towards managers and trades (17.2% and 14.6% respectively), whilst elementary occupations are notably scarce at 6.6%.