Property trends for TQ6

    TQ6 covers the South Hams area in south Devon, stretching across coastal and inland communities between Dartmouth and Kingsbridge. It is a well-established residential and retirement destination with strong appeal to older buyers and a notably rural character.

    At a Glance

    Average Property Price - TQ6

    £511,753

    81

    National percentile

    Average Monthly Rent - TQ

    £935

    40

    National percentile

    Average Net Household Income - TQ6

    £38,166

    50

    National percentile

    Flat / Maisonette Yield - TQ

    4.6%

    10

    National percentile

    10-Year Annualised Price Growth - TQ6

    2.5%

    17

    National percentile

    10-Year Annualised Rent Growth - TQ

    3.3%

    16

    National percentile

    Property Price & Volume Trends

    The average property price in TQ6 is £512,000, placing it among the most expensive nationally. However, growth has lagged significantly: annual price appreciation of 2.5% over the past decade sits well below the national rate. Transaction volumes have declined notably, with 118 sales in the latest full year compared to a 10-year average of 198 per year.

    Rent & Yield Trends

    Average monthly rent stands at £935, broadly in line with the national middle range. Rental growth has also been subdued, averaging 3.3% annually over ten years—well below the national pace. Yields have improved modestly, rising from a 10-year average of 3.8% to 4.6% in the latest period, reflecting the softer price environment.

    Income & Affordability Trends

    Average household income of £38,166 sits precisely at the national median. The price-to-income ratio of 14.0x has worsened since 2016, when it stood at 13.5x, indicating that property has become less affordable relative to earnings. Rental affordability, by contrast, has improved: the rent-to-income ratio has fallen from 28.9% to 27.1%, easing pressure on tenants.

    Resident Demographic Profile

    TQ6 is markedly older than the national average: nearly one in three residents is aged 65 or over (33.4%), compared to 19.6% nationally, while those aged under 35 represent just 20.4% of the population against 41.9% nationally. Housing tenure is heavily skewed towards outright ownership at 47.8%, nearly 14 percentage points above the national figure. The workforce is notably weighted towards trades (16.0% versus 10.5% nationally) and managers (18.4% versus 13.4%), while professional roles are underrepresented at 14.7%.

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