At a Glance
Average Property Price - TR17
£375,833
62
National percentile
Average Monthly Rent - TR
£1,004
51
National percentile
Average Net Household Income - TR17
£35,528
35
National percentile
Flat / Maisonette Yield - TR
4.4%
5
National percentile
10-Year Annualised Price Growth - TR17
2.1%
10
National percentile
10-Year Annualised Rent Growth - TR
3.9%
50
National percentile
Property Price & Volume Trends
The average property price in TR17 stands at £376,000, roughly in line with the national midpoint. However, price growth over the past decade has been notably slow at 2.1% per year—among the slowest-growing areas nationally. Transaction activity has fallen significantly, with just 12 sales in the latest year compared to an average of 21 over the preceding decade, suggesting a tightening market.
Rent & Yield Trends
The rental market in the broader TR postcode area sits close to the national average, with monthly rents around £1,004. Rent growth over ten years has been measured at 3.9% annually, matching the national pace. The flat yield has strengthened to 4.4%, a marked improvement on the ten-year average of 3.5%, reflecting a shift in the balance between rental income and property values.
Income & Affordability Trends
Average household income in TR17 is £35,528, below the national average and among the lower-earning areas nationally. The price-to-income ratio stands at 10.0x, unchanged since 2016, indicating that affordability for purchase has neither improved nor deteriorated. Rental affordability has genuinely improved: the rent-to-income ratio has fallen from 29.3% in 2016 to 27.8% today, a modest but meaningful gain for renters.
Resident Demographic Profile
The population is notably older than average: those aged 65 and over account for 27.2% compared to the national average of 19.6%, whilst the 16–24 age group is markedly underrepresented at 7.4% versus 11.0% nationally. The housing tenure profile shows strong outright ownership at 44.9%—well above the national norm of 33.7%—alongside lower rates of mortgaged ownership and social renting. The employment mix leans towards trades at 16.1% and caring roles at 11.6%, both above national levels, reflecting the rural and ageing character of the area.