At a Glance
Average Property Price - TN28
£366,739
60
National percentile
Average Monthly Rent - TN
£1,342
71
National percentile
Average Net Household Income - TN28
£36,592
41
National percentile
Flat / Maisonette Yield - TN
5.4%
42
National percentile
10-Year Annualised Price Growth - TN28
4.3%
75
National percentile
10-Year Annualised Rent Growth - TN
4.2%
69
National percentile
Property Price & Volume Trends
The current average property price of £367,000 sits above the national midpoint, placing it among moderately expensive areas nationally. Price growth over the past decade has been strong at 4.3% annually, outpacing typical national growth rates. However, transaction activity has softened: 113 sales in the latest year against a 10-year average of 163, reflecting a notable decline in market momentum.
Rent & Yield Trends
Average monthly rents of £1,342 are above the national average, reflecting stronger rental demand in the area. Rental growth over the past decade has been solid at 4.2% annually, tracking closely with national trends. The flat yield currently stands at 5.4%, up from a 10-year average of 4.6%, indicating improving returns for buy-to-let investors despite the slower sales market.
Income & Affordability Trends
Average household income of £36,592 sits slightly below the national average, placing the area in the lower-middle range nationally. The price-to-income ratio has deteriorated markedly, rising from 7.6x in 2016 to 10.0x today, signalling that properties have become considerably less affordable relative to local earnings over the past eight years. Rental affordability has also worsened: the rent-to-income ratio climbed from 28% to 31.9%, meaning renters now spend a notably larger share of their income on housing.
Resident Demographic Profile
The population is notably older than the national average, with over a third aged 65 and above compared to the national figure of 19.6%, while those aged 16–24 are significantly underrepresented at just 7.3%. Housing tenure is dominated by outright ownership at 50.9%, nearly 17 percentage points above the national average, reflecting a legacy population and limited first-time buyer activity. Employment is weighted towards manual and caring roles: trades workers (14.4%) and caring professions (14.1%) are both substantially above national norms, while professional employment (12.1%) is notably below the national average of 20.5%.