Property trends for TQ13

The latest average property price in TQ13 is £410,000, placing it slightly above the national median. Over the past decade, prices have grown at 3.5% annually — a pace below the national average, suggesting modest but steady appreciation. Transaction activity has slowed compared to the long-term trend, with 330 sales in the latest year against an average of 425 over the previous ten years.

Average monthly rents in the area stand at £935, which is below the national average. Rent growth over ten years has been slow at 3.3% annually, well below the national trend. Flat yields have improved, currently reaching 4.6% compared to a ten-year average of 3.8%, indicating better income potential for landlords in recent conditions.

Average household income in TQ13 is £41,100, placing it slightly above the national average. The price-to-income ratio of 10.8x has worsened since 2016 (when it stood at 9.5x), meaning property has become less affordable relative to earnings. Rental affordability has improved, with the rent-to-income ratio falling from 28.9% in 2016 to 27.1% today.

The population skews significantly older than the national average, with nearly a third aged 65 and over (compared to just under one-fifth nationally) and over a fifth aged 50–64. Young adults aged 16–24 are notably underrepresented at 7.6%, well below the 11% national figure. Housing tenure reflects a strong preference for ownership; nearly 45% of properties are owned outright — well above the 33.7% national average. The workforce shows a higher proportion in trades (14.6% versus 10.5% nationally) and a notably lower share in sales roles.