At a Glance
Average Property Price - TQ8
£972,324
98
National percentile
Average Monthly Rent - TQ
£935
40
National percentile
Average Net Household Income - TQ8
£40,100
59
National percentile
Flat / Maisonette Yield - TQ
4.6%
10
National percentile
10-Year Annualised Price Growth - TQ8
6.3%
98
National percentile
10-Year Annualised Rent Growth - TQ
3.3%
16
National percentile
Property Price & Volume Trends
The average property price in TQ8 is £972,000, among the most expensive nationally. Over the past decade, the area has experienced annual price growth of 6.3%, which places it among the fastest-growing parts of the UK. Transaction volumes have slowed considerably: only 39 sales were recorded in the latest full year, down from a 10-year average of 74 annually, reflecting the limited stock typical of rural coastal markets.
Rent & Yield Trends
The average monthly rent of £935 sits below the national average, reflecting the rural and semi-rural character of the area. Rent growth over the past decade has been sluggish at 3.3% annually, well below the national trend. The flat yield has risen to 4.6%, up from a 10-year average of 3.8%, indicating improved rental returns in recent years.
Income & Affordability Trends
Average net household income of £40,100 is broadly in line with the national median. The purchase affordability picture has deteriorated significantly: the price-to-income ratio has widened from 19.8x in 2016 to 26.0x today, meaning property has become substantially less affordable relative to earnings. Rental affordability has improved marginally, with the rent-to-income ratio falling from 28.9% to 27.1% over the same period.
Resident Demographic Profile
The population is distinctly older and more affluent than the national average. Those aged 65 and over represent 34.6% of residents—nearly double the national figure—while working-age groups are significantly underrepresented. Outright ownership is exceptionally high at 50.4%, compared to 33.7% nationally. The employment profile is dominated by managers (21.9%) and trades workers (19.5%), well above national proportions, suggesting a mix of established business ownership and skilled manual trades.