At a Glance
Average Property Price - TQ14
£350,767
56
National percentile
Average Monthly Rent - TQ
£935
40
National percentile
Average Net Household Income - TQ14
£37,177
45
National percentile
Flat / Maisonette Yield - TQ
4.6%
10
National percentile
10-Year Annualised Price Growth - TQ14
3.1%
32
National percentile
10-Year Annualised Rent Growth - TQ
3.3%
16
National percentile
Property Price & Volume Trends
The latest average property price in TQ14 is £351,000, close to the national midpoint. Over the past decade, the area has seen annualised price growth of 3.1%, which is notably slower than the national average—placing it in the lower third nationally for long-term appreciation. Transaction activity has declined; the latest full year saw 274 sales against a 10-year average of 401, indicating a softening in market momentum.
Rent & Yield Trends
Average monthly rent across the broader TQ postcode is £935, below the national midpoint. Rental growth over the past decade has averaged 3.3% annually, significantly slower than the national rate. The flat yield currently stands at 4.6%, a marked improvement on the 10-year average of 3.8%, reflecting recent compression of property values relative to rental income.
Income & Affordability Trends
Average net household income is £37,177, slightly below the national median. The price-to-income ratio stands at 9.4x, marginally worse than the 2016 ratio of 9.2x, showing that affordability has tightened slightly for purchase. Rental affordability, by contrast, has improved: the rent-to-income ratio has fallen from 28.9% in 2016 to 27.1% today.
Resident Demographic Profile
The population is distinctly mature: over 31% are aged 65 and above, nearly twice the national average, while those aged 16–24 represent just 7.3%, well below the national norm of 11%. Outright home ownership is notably high at 44.5% compared to 33.7% nationally, reflecting the age profile. The employment mix is relatively balanced, though caring professions are overrepresented at 12.6% versus 9.2% nationally, consistent with an older resident base.