At a Glance
Average Property Price - TS21
£216,267
17
National percentile
Average Monthly Rent - TS
£668
5
National percentile
Average Net Household Income - TS21
£40,587
61
National percentile
Flat / Maisonette Yield - TS
6.6%
94
National percentile
10-Year Annualised Price Growth - TS21
1.7%
6
National percentile
10-Year Annualised Rent Growth - TS
2.9%
4
National percentile
Property Price & Volume Trends
The average property price in TS21 is £216,000, placing it well below the national average. Ten-year price growth has been sluggish at 1.7% annually, among the slowest-growing areas nationally. Transaction volumes are stable, with 247 sales in the latest year compared to a 10-year average of 252 per year.
Rent & Yield Trends
Average monthly rent is £668, among the lowest across the UK. Rental growth has been modest at 2.9% annually over the past decade, also below the national trend. The flat yield currently stands at 6.6%, up from a 10-year average of 5.8%, indicating improving returns for landlords in recent years.
Income & Affordability Trends
Household income in TS21 is close to the national average at £41,000. The price-to-income ratio of 6.1x has risen slightly from 5.9x in 2016, suggesting affordability has tightened modestly on the purchase side. Rental affordability has improved, with rent-to-income ratios falling from 21.9% in 2016 to 20.7% today.
Resident Demographic Profile
TS21 has an ageing population, with over-50s comprising 45.5% of residents compared to 39.4% nationally; those aged 65+ make up nearly a quarter of the population. Outright homeownership is notably high at 41%, and private renting is unusually low at just 12%. The workforce is skewed towards professionals and managers, who together account for 39%, well above the national average of 34%.