At a Glance
Average Property Price - TS17
£195,597
11
National percentile
Average Monthly Rent - TS
£668
5
National percentile
Average Net Household Income - TS17
£26,999
4
National percentile
Flat / Maisonette Yield - TS
6.6%
94
National percentile
10-Year Annualised Price Growth - TS17
1.8%
8
National percentile
10-Year Annualised Rent Growth - TS
2.9%
4
National percentile
Property Price & Volume Trends
The latest average property price in TS17 is £196,000, placing it among the cheapest nationally. Over the past decade, prices have grown at an annualised rate of 1.8%, which is well below the national average, reflecting a property market that has struggled to gain momentum. Transaction activity has slowed recently, with 553 sales recorded in the latest full year compared to a 10-year average of 698 annually.
Rent & Yield Trends
Average monthly rent in the wider TS postcode area stands at £668, which is far below the national average. Rents have grown at 2.9% annualised over the past decade, a pace significantly slower than the national trend. The flat yield has strengthened to 6.6% in the latest year from a 10-year average of 5.8%, indicating improved returns for buy-to-let investors.
Income & Affordability Trends
Average net household income in TS17 is £27,000, substantially below the national average and among the lowest nationally. The price-to-income ratio now stands at 7.4x, a notable deterioration from 5.6x in 2016, signalling that property has become less affordable relative to local earnings. Rental affordability has improved slightly: the rent-to-income ratio has fallen from 21.9% in 2016 to 20.7% today, offering modest relief for tenants.
Resident Demographic Profile
The age profile is broadly in line with national averages, with a small surplus of children and young adults. Housing tenure shows a meaningful surplus of social-rented properties at 22% against a national average of 16.5%, reflecting the area's post-industrial character. The employment mix reveals a notably high proportion of elementary occupations at 12.7% against 10.2% nationally, and a substantially elevated caring workforce at 11.3% versus 9.2% nationally, while professional occupations at 15.7% fall notably short of the national 20.5%.