At a Glance
Average Property Price - TS15
£342,275
54
National percentile
Average Monthly Rent - TS
£668
5
National percentile
Average Net Household Income - TS15
£43,640
72
National percentile
Flat / Maisonette Yield - TS
6.6%
94
National percentile
10-Year Annualised Price Growth - TS15
3.0%
29
National percentile
10-Year Annualised Rent Growth - TS
2.9%
4
National percentile
Property Price & Volume Trends
The current average property price of £342,000 sits slightly above the national midpoint. Over the past decade, prices have grown at 3.0% annually—well below the national average, reflecting a more modest appreciation trajectory than much of the country. Transaction activity has eased notably, with 230 sales in the latest year compared to a 10-year average of 301, signalling reduced market momentum.
Rent & Yield Trends
Average monthly rents of £668 are significantly below the national average, placing the area among the most affordable for tenants. Rental growth over ten years has been similarly subdued at 2.9% annually. The flat yield currently stands at 6.6%, above its 10-year average of 5.8%, indicating that rental income has strengthened relative to prices—a positive shift for buy-to-let investors.
Income & Affordability Trends
Household incomes average £43,640, placing the area well above the national median. Purchase affordability has improved slightly: the price-to-income ratio has fallen from 7.7x in 2016 to 7.6x today, suggesting homes have become modestly easier to access relative to earnings. Rental affordability has improved more noticeably, with rent consuming 20.7% of income compared to 21.9% a decade ago.
Resident Demographic Profile
The population skews notably older, with 25.5% aged 65 and over—significantly above the national average of 19.6%—while those aged 16–24 are substantially underrepresented at just 7.3%. Housing tenure reflects a strong preference for outright ownership at 43.3%, well above the national figure of 33.7%, alongside higher mortgage ownership at 33.1%. The employment profile is weighted towards professionals (28.9%) and managers (16.1%), both well above national norms, while elementary occupations are correspondingly underrepresented.