At a Glance
Average Property Price - TN27
£525,433
83
National percentile
Average Monthly Rent - TN
£1,342
71
National percentile
Average Net Household Income - TN27
£42,873
69
National percentile
Flat / Maisonette Yield - TN
5.4%
42
National percentile
10-Year Annualised Price Growth - TN27
2.2%
12
National percentile
10-Year Annualised Rent Growth - TN
4.2%
69
National percentile
Property Price & Volume Trends
Properties in TN27 are priced at an average of £525,000, placing them among the most expensive nationally. However, the district has experienced only modest capital growth over the past decade, with prices rising at an annualised rate of 2.2%—well below the national average. Transaction activity has slowed markedly in the latest year, with 153 sales recorded against a 10-year average of 217 per year.
Rent & Yield Trends
Average monthly rent in the broader TN area is £1,342, comfortably above the national median. Rental growth over the past decade has been solid at 4.2% per year, broadly in line with national trends. The flat yield stands at 5.4%, a meaningful improvement on the 10-year average of 4.6%, indicating growing rental returns relative to property values.
Income & Affordability Trends
Average household income of £43,000 sits notably above the national median. However, the price-to-income ratio of 12.7x has deteriorated since 2016 when it stood at 11.3x, signalling that property has become less affordable relative to earnings. Rental affordability has also weakened; renters now spend 31.9% of income on housing, up from 28% in 2016.
Resident Demographic Profile
The population is notably older than the national average, with those aged 50 and over comprising 47% of residents compared to 39% nationally, while young adults aged 16–24 are significantly underrepresented at 8.4% versus 11% nationally. Owner-occupation is strong, with 40% owning outright (well above the 34% national figure), while the private rental sector is proportionally smaller at just 15%. The employment profile skews towards managers and professionals, who together account for nearly 39% of the workforce, substantially more than the national combined share of 34%.