At a Glance
Average Property Price - TN22
£476,780
78
National percentile
Average Monthly Rent - TN
£1,342
71
National percentile
Average Net Household Income - TN22
£44,798
75
National percentile
Flat / Maisonette Yield - TN
5.4%
42
National percentile
10-Year Annualised Price Growth - TN22
2.3%
14
National percentile
10-Year Annualised Rent Growth - TN
4.2%
69
National percentile
Property Price & Volume Trends
The average property price in TN22 stands at £477,000, placing it among the more expensive areas nationally. However, the district has experienced only modest growth over the past decade, with prices rising at an annualised rate of 2.3%—notably slower than the national trend. Transaction activity has declined; the latest year saw 339 sales against a 10-year average of 459, suggesting a quieter market.
Rent & Yield Trends
Average monthly rent in the broader TN postcode area is £1,342, which is above the national average. Rental growth over the past decade has been robust at 4.2% per annum, tracking close to national momentum. The flat yield currently stands at 5.4%, a meaningful improvement on its 10-year average of 4.6%, indicating strengthening income returns for investors.
Income & Affordability Trends
Average household income in TN22 is £44,798, placing it in the upper quartile nationally. Purchase affordability has become more challenging; the price-to-income ratio has risen from 9.7x in 2016 to 11.2x today, reflecting price growth outpacing wage rises. Rental affordability has similarly tightened, with the rent-to-income ratio climbing from 28% to 31.9% over the same period.
Resident Demographic Profile
The population skews considerably older, with over a quarter aged 65 or above and nearly a quarter in the 50–64 age group, well above national averages. Young adults aged 16–24 are notably under-represented. Housing tenure reflects a mature, established community: outright ownership at 43% is well above average, whilst private rental at 14.4% is significantly below. Professionally qualified residents and managers are overrepresented in the employment mix, whilst elementary occupations and plant/machinery roles are less common.