At a Glance
Average Property Price - TR26
£424,672
71
National percentile
Average Monthly Rent - TR
£1,004
51
National percentile
Average Net Household Income - TR26
£34,052
26
National percentile
Flat / Maisonette Yield - TR
4.4%
5
National percentile
10-Year Annualised Price Growth - TR26
2.5%
16
National percentile
10-Year Annualised Rent Growth - TR
3.9%
50
National percentile
Property Price & Volume Trends
The latest average property price in TR26 is £425,000, placing it among the more expensive districts nationally. However, annualised price growth over the past decade has been subdued at 2.5%, well below the national pace of appreciation. Transaction activity has slowed notably: the latest full year saw 165 sales, significantly down from the 10-year average of 255 transactions annually.
Rent & Yield Trends
Average monthly rent in the broader TR postcode area stands at £1,004, roughly in line with the national median. Rent growth over the past decade has averaged 3.9% per annum, matching national trends. The flat yield has climbed to 4.4% in the latest year, a meaningful improvement from the 10-year average of 3.5%, reflecting the stronger rental returns environment.
Income & Affordability Trends
Average net household income of £34,052 is notably below the national average, placing the district in the lower quartile nationally. The price-to-income ratio has deteriorated to 14.7x from 13.0x in 2016, signalling worsening purchase affordability. Rental affordability has improved, with rent-to-income ratio declining from 29.3% in 2016 to 27.8% today.
Resident Demographic Profile
The population skews significantly older: those aged 65 and over account for 30% of residents, compared to 19.6% nationally, while the 50–64 age group comprises 23.3% against 19.8% nationally. Conversely, younger cohorts are notably underrepresented—those aged 16–24 make up just 7.7% versus 11% nationally. Housing tenure reflects strong owner-occupation: 44% own outright (well above the 33.7% national average) and only 19.9% own with a mortgage. The employment profile is distinctly trade and management-oriented, with trades at 15.2% (above the 10.5% national average) and managers at 16.6% (well above 13.4% nationally), while professional roles are underrepresented at 13.1%.