At a Glance
Average Property Price - TN3
£770,573
95
National percentile
Average Monthly Rent - TN
£1,342
71
National percentile
Average Net Household Income - TN3
£52,036
92
National percentile
Flat / Maisonette Yield - TN
5.4%
42
National percentile
10-Year Annualised Price Growth - TN3
2.8%
22
National percentile
10-Year Annualised Rent Growth - TN
4.2%
69
National percentile
Property Price & Volume Trends
The latest average property price of £771,000 places TN3 among the most expensive nationally. Over the past decade, prices have grown at 2.8% per year—below the national average pace of growth. Transaction activity has slowed: 107 sales were recorded in the latest full year, down from a 10-year annual average of 150.
Rent & Yield Trends
Average monthly rent of £1,342 sits above the national median. Rental growth over the past decade has been strong at 4.2% per year, outpacing the national average. The flat yield has risen to 5.4%, up from a 10-year average of 4.6%, indicating improving returns for buy-to-let investors.
Income & Affordability Trends
Average household income of £52,036 is well above the national average. However, purchase affordability has deteriorated: the price-to-income ratio has risen to 17.8x from 13.4x in 2016, reflecting price growth outpacing income gains. Rental affordability has also weakened, with rent consuming 31.9% of household income compared to 28% in 2016.
Resident Demographic Profile
The population skews notably older than the national average, with those aged 50–64 comprising 22.9% and those 65+ making up 22.1%, compared to national averages of 19.8% and 19.6% respectively. The young adult population (16–24) is significantly underrepresented at 8.1%, well below the national 11%. Homeownership is strong: 41.2% own outright and 35.2% own with a mortgage, totalling 76.4% against a national owner-occupancy rate of 60.7%. The employment profile is skewed towards professionals (24.3%) and managers (23%), substantially above national averages of 20.5% and 13.4%, reflecting an affluent, white-collar workforce.