At a Glance
Average Property Price - TQ9
£455,714
75
National percentile
Average Monthly Rent - TQ
£935
40
National percentile
Average Net Household Income - TQ9
£40,072
59
National percentile
Flat / Maisonette Yield - TQ
4.6%
10
National percentile
10-Year Annualised Price Growth - TQ9
3.9%
61
National percentile
10-Year Annualised Rent Growth - TQ
3.3%
16
National percentile
Property Price & Volume Trends
The average property price stands at £456,000, placing it among the most expensive nationally. Over the past decade, prices have grown by 3.9% per year on average—a broadly middling rate of appreciation nationally. Transaction activity has slowed recently; 251 sales were recorded in the latest full year, down from an average of 355 over the previous ten years.
Rent & Yield Trends
The average monthly rent in the broader TQ postcode area is £935, below the national average and reflecting the area's more modest rental market. Rental growth over the past decade has been subdued at 3.3% per year, significantly lagging the national pace. The flat yield currently stands at 4.6%, an improvement on the ten-year average of 3.8%, indicating a recent shift towards better returns for buy-to-let investors.
Income & Affordability Trends
Average net household income is £40,072, slightly above the national middle ground. However, affordability has tightened for buyers: the price-to-income ratio has risen from 10.3x in 2016 to 12.6x today, making property purchases substantially harder relative to earnings. Rental affordability has improved, with the rent-to-income ratio falling from 28.9% to 27.1%, easing some pressure on renters.
Resident Demographic Profile
The population skews significantly older than average: those aged 50–64 represent 23.6% of residents (compared to 19.8% nationally), and those aged 65+ account for 27.5%—well above the national average of 19.6%. This is a retirement-heavy area. Home ownership outright is notably strong at 43.6%, reflecting the prevalence of older residents who have paid off mortgages. Professional and managerial employment is slightly elevated, whilst younger age cohorts, particularly those aged 16–24, are underrepresented.