At a Glance
Average Property Price - TN31
£472,920
78
National percentile
Average Monthly Rent - TN
£1,342
71
National percentile
Average Net Household Income - TN31
£37,513
47
National percentile
Flat / Maisonette Yield - TN
5.4%
42
National percentile
10-Year Annualised Price Growth - TN31
3.7%
55
National percentile
10-Year Annualised Rent Growth - TN
4.2%
69
National percentile
Property Price & Volume Trends
The latest average property price in TN31 is £473,000, placing it among the most expensive nationally. Over the past decade, prices have grown at 3.7% annually—broadly in line with the national trend. Transaction activity has slowed recently; the area recorded 189 sales in the latest full year, compared to an average of 260 over the preceding ten years.
Rent & Yield Trends
Average monthly rent in the broader TN postcode area is £1,342, which sits above the national mid-point. Rental growth over the past decade has averaged 4.2% annually—faster than the national pace. The current flat yield stands at 5.4%, notably above the ten-year average of 4.6%, reflecting tightening valuations relative to rental income.
Income & Affordability Trends
Average net household income in TN31 is £37,513, close to the national average. The price-to-income ratio has risen to 12.5x, up from 9.7x in 2016, indicating that purchasing power has weakened considerably over the period. Rental affordability has also deteriorated: rent-to-income has risen from 28% to 31.9%, meaning renters now spend a larger share of earnings on housing costs.
Resident Demographic Profile
TN31 has a distinctly older age profile: one third of the population is aged 65 and over—nearly 13 percentage points above the national average—whilst those aged 16–24 and 25–34 are each notably underrepresented. Housing tenure is heavily skewed towards outright ownership, at 49%, far above the national norm of 34%. The employment mix shows stronger than average representation in managerial roles (17% vs 13% nationally) and skilled trades (16% vs 10% nationally), balanced by lower numbers in elementary occupations.