At a Glance
Average Property Price - TS22
£343,324
54
National percentile
Average Monthly Rent - TS
£668
5
National percentile
Average Net Household Income - TS22
£39,945
58
National percentile
Flat / Maisonette Yield - TS
6.6%
94
National percentile
10-Year Annualised Price Growth - TS22
2.1%
10
National percentile
10-Year Annualised Rent Growth - TS
2.9%
4
National percentile
Property Price & Volume Trends
The average property price of £343,000 sits close to the national midpoint, placing it among moderately priced areas. However, growth has significantly underperformed: at 2.1% annually over ten years, it ranks among the slowest-growing districts nationally. Transaction activity has fallen sharply, with 183 sales in the latest year against a ten-year average of 274—a decline of one-third.
Rent & Yield Trends
Rental costs are well below the national average at £668 per month, placing the area among the most affordable nationally. Rent growth of 2.9% annually over a decade is also notably slower than the UK average. The flat yield of 6.6% is currently above its ten-year average of 5.8%, reflecting improved returns for buy-to-let investors despite sluggish rental growth.
Income & Affordability Trends
Average household income of £40,000 is slightly above the national median. Purchase affordability has deteriorated: the price-to-income ratio has risen from 8.7x in 2016 to 9.6x today, making property ownership less attainable relative to local incomes. Rental affordability has improved, however, with the rent-to-income ratio falling from 21.9% to 20.7% over the same period.
Resident Demographic Profile
The population skews older than average, with over half aged 50 or above (23.6% aged 50–64 and 22.4% aged 65+, versus respective national figures of 19.8% and 19.6%). Housing tenure is heavily weighted toward outright ownership at 42.5%, significantly higher than the 33.7% national average, while private rental is notably low at 11.7% compared to 21.7% nationally. The employment profile is marginally more professional than average, with 22.4% in professional roles against a national figure of 20.5%.