At a Glance
Average Property Price - TN35
£366,070
60
National percentile
Average Monthly Rent - TN
£1,342
71
National percentile
Average Net Household Income - TN35
£37,959
49
National percentile
Flat / Maisonette Yield - TN
5.4%
42
National percentile
10-Year Annualised Price Growth - TN35
4.0%
65
National percentile
10-Year Annualised Rent Growth - TN
4.2%
69
National percentile
Property Price & Volume Trends
The average property price in TN35 is £366,000, close to the national midpoint. Ten-year annualised growth of 4.0% sits slightly above the national trend, reflecting steady but modest appreciation over the past decade. Transaction volumes have declined noticeably, with 184 sales in the latest year compared to a ten-year average of 278—a significant shift that may reflect softer recent demand or reduced turnover.
Rent & Yield Trends
Average monthly rent in the broader TN area is £1,342, placing it among the more expensive rental markets nationally. Ten-year rent growth of 4.2% has been brisk, outpacing national trends and suggesting strong demand from tenants. The flat yield has improved to 5.4%, up from a ten-year average of 4.6%, indicating that rental income has become more attractive relative to capital values in recent years.
Income & Affordability Trends
Average household income of £38,000 is close to the national average, offering neither advantage nor constraint. Affordability for buyers has worsened: the price-to-income ratio has risen to 10.1x from 8.5x in 2016, meaning property now requires proportionally higher earning power to purchase. Rental affordability has similarly deteriorated, with rent-to-income ratios climbing from 28% to 31.9% over the same period, putting greater pressure on tenant budgets.
Resident Demographic Profile
The population skews significantly older than average, with over a quarter aged 65 and above (compared to 19.6% nationally) and those aged 50–64 overrepresented at 22.3%. Conversely, younger groups—particularly 16–24 year-olds at 8.6%—are substantially below the national norm. Outright home ownership is notably high at 43.3%, reflecting the prevalence of retirees with paid-off mortgages. The employment profile shows stronger representation in caring roles (12.5% versus 9.2% nationally) and trades (13.3% versus 10.5%), while professional occupations are slightly underrepresented.