At a Glance
Average Property Price - TN32
£525,384
83
National percentile
Average Monthly Rent - TN
£1,342
71
National percentile
Average Net Household Income - TN32
£44,915
76
National percentile
Flat / Maisonette Yield - TN
5.4%
42
National percentile
10-Year Annualised Price Growth - TN32
4.0%
67
National percentile
10-Year Annualised Rent Growth - TN
4.2%
69
National percentile
Property Price & Volume Trends
The average property price of £525,000 places TN32 among the most expensive nationally. Over the past decade, the area has seen annualised growth of 4.0%, close to the national average. Transaction volumes have softened recently, with 51 sales in the latest full year compared to a 10-year average of 65, suggesting a modest slowdown in market activity.
Rent & Yield Trends
Average monthly rent of £1,342 sits above the national mid-point. Rental growth over the past decade has been steady at 4.2% per year, broadly in line with national trends. The current flat yield of 5.4% is notably higher than its 10-year average of 4.6%, indicating that rental income relative to property values has improved noticeably.
Income & Affordability Trends
Average household income of £45,000 places the area above the national average. The price-to-income ratio of 12.0x has widened since 2016 (when it stood at 10.6x), reflecting that property price growth has outpaced income growth, making purchase affordability tighter. Rental affordability has also declined, with the rent-to-income ratio rising from 28% in 2016 to 31.9% today.
Resident Demographic Profile
The population skews significantly older, with over a quarter aged 65 and above compared to the national figure of 19.6%, and a notably elevated 50–64 age group at 24.3%. Conversely, young adults aged 16–24 are substantially underrepresented at 8%. Outright home ownership is strong at 44.7%, well above the national average of 33.7%, while private renting is notably low at 12.3%. The employment profile is distinctive for above-average representation in skilled trades at 15.3% and elevated managerial roles at 18.9%.