At a Glance
Average Property Price - TQ7
£484,266
79
National percentile
Average Monthly Rent - TQ
£935
40
National percentile
Average Net Household Income - TQ7
£40,467
60
National percentile
Flat / Maisonette Yield - TQ
4.6%
10
National percentile
10-Year Annualised Price Growth - TQ7
3.3%
39
National percentile
10-Year Annualised Rent Growth - TQ
3.3%
16
National percentile
Property Price & Volume Trends
Property in TQ7 is among the most expensive nationally, with an average price of £484,000. However, growth has lagged the national trend: the 10-year annualised rate of 3.3% places it below average. Transaction volumes have fallen notably, with 255 sales in the latest year against a 10-year average of 361 annually.
Rent & Yield Trends
Rents in the broader TQ area average £935 per month, below the national median. Rent growth over the past decade has been sluggish at 3.3% annually, well below the national pace. Yields have improved markedly, however: at 4.6% currently, they sit well above the 10-year average of 3.8%, suggesting a strengthening rental market relative to capital values.
Income & Affordability Trends
Average household income of £40,467 is slightly above the national median. Affordability for purchase has remained essentially flat: the price-to-income ratio stands at 12.3x, marginally higher than the 12.2x recorded in 2016. Rental affordability has improved substantially: the rent-to-income ratio has fallen from 28.9% to 27.1%, easing pressure on renters' budgets.
Resident Demographic Profile
TQ7 has a notably mature population profile. Nearly a third (31.6%) are aged 65 and over—well above the national average of 19.6%—while younger adults aged 16–24 are significantly underrepresented at 7.1%. Homeownership is very high: 47% own outright, compared to the national 33.7%, and just 16.5% rent privately. The workforce is dominated by managers (18.8%) and trades workers (17.7%), both above national levels, reflecting the area's blend of professional and skilled-trade employment.