At a Glance
Average Property Price - TS16
£261,572
31
National percentile
Average Monthly Rent - TS
£668
5
National percentile
Average Net Household Income - TS16
£41,336
64
National percentile
Flat / Maisonette Yield - TS
6.6%
94
National percentile
10-Year Annualised Price Growth - TS16
2.5%
16
National percentile
10-Year Annualised Rent Growth - TS
2.9%
4
National percentile
Property Price & Volume Trends
The average property price in TS16 is £262,000, placing it below the national average. Over the past decade, prices have grown at 2.5% annually—significantly slower than the national average. Transaction volumes have eased in the latest year, with 179 sales compared to a 10-year average of 204.
Rent & Yield Trends
Average monthly rent in the broader TS postcode area stands at £668, well below the national average. Rental growth over ten years has been modest at 2.9% annually, among the slowest nationally. The current flat yield of 6.6% is above its 10-year average of 5.8%, reflecting improving returns for buy-to-let investors.
Income & Affordability Trends
Average household net income of £41,336 is above the national median. The price-to-income ratio of 6.8x has drifted marginally upward from 6.7x in 2016, indicating a very slight tightening of purchase affordability. Rental affordability has improved noticeably, with the rent-to-income ratio falling from 21.9% to 20.7%, suggesting rents have grown more slowly than wages.
Resident Demographic Profile
The population skews towards older age groups, with 22.2% aged 65 and over compared to 19.6% nationally, while the 16–24 age group is notably underrepresented at 8.4% against 11.0% nationally. Housing tenure shows a strong lean towards ownership: 42.2% own outright and 35.4% own with a mortgage, well above national averages, whilst private rental and social rented sectors are correspondingly smaller. The professional workforce is above average at 25.7%, and managerial roles are also proportionally higher at 14.6%, reflecting a more affluent demographic profile than the UK average.