At a Glance
Average Property Price - TR13
£327,566
51
National percentile
Average Monthly Rent - TR
£1,004
51
National percentile
Average Net Household Income - TR13
£38,118
50
National percentile
Flat / Maisonette Yield - TR
4.4%
5
National percentile
10-Year Annualised Price Growth - TR13
3.7%
56
National percentile
10-Year Annualised Rent Growth - TR
3.9%
50
National percentile
Property Price & Volume Trends
The average property price in TR13 is £328,000, which is broadly in line with the national average. Over the past decade, prices have grown by 3.7% annually—a rate slightly above the national median. Transaction activity has softened considerably, with 244 sales in the latest full year compared to a 10-year average of 318, reflecting reduced market turnover.
Rent & Yield Trends
Average monthly rent in the broader TR postcode area is £1,004, close to the national midpoint. Rent growth over ten years has averaged 3.9% annually, broadly in line with the national pace. The flat yield currently stands at 4.4%, a material improvement on the 10-year average of 3.5%, suggesting rental returns have strengthened recently.
Income & Affordability Trends
Average household income of £38,118 is slightly below the national median. The price-to-income ratio of 9.3x has deteriorated since 2016 (when it stood at 8.0x), meaning property has become less affordable relative to local earnings. Rental affordability has improved modestly: the rent-to-income ratio has fallen from 29.3% in 2016 to 27.8% today.
Resident Demographic Profile
The population is notably older than average, with over a fifth aged 65 and above (compared to 19.6% nationally) and only 8.1% aged 16–24 (well below the 11.0% national average). Housing tenure reflects a distinctly mature demographic, with 41.4% owning their homes outright—significantly above the national 33.7%—whilst social rented accommodation is less prevalent at 11%. The employment mix leans towards trades (15.4% versus 10.5% nationally) and caring professions (11% versus 9.2%), whilst professional occupations are underrepresented at 15.2%.