At a Glance
Average Property Price - TS23
£147,487
2
National percentile
Average Monthly Rent - TS
£668
5
National percentile
Average Net Household Income - TS23
£34,345
27
National percentile
Flat / Maisonette Yield - TS
6.6%
94
National percentile
10-Year Annualised Price Growth - TS23
2.8%
23
National percentile
10-Year Annualised Rent Growth - TS
2.9%
4
National percentile
Property Price & Volume Trends
The average property price in TS23 is £147,000, placing it among the most affordable postcode districts nationally. Over the past decade, prices have grown at 2.8% per year — a below-average rate of appreciation. Transaction volumes have softened slightly, with 319 sales in the latest full year compared to a 10-year average of 344 per year.
Rent & Yield Trends
Average monthly rents in the broader TS area stand at £668, well below the national average. Rental growth over the past decade has been similarly subdued at 2.9% per year — among the slowest nationally. The flat yield has improved to 6.6%, up from a 10-year average of 5.8%, reflecting the underlying strength of rental income relative to property values.
Income & Affordability Trends
Average household income is £34,345, placing the area below the national average. The price-to-income ratio of 3.9x shows properties remain affordable relative to earnings, and this ratio has remained stable since 2016. Rental affordability has also improved: the rent-to-income ratio has fallen from 21.9% in 2016 to 20.7% today.
Resident Demographic Profile
The population skews noticeably older, with those aged 50–64 accounting for 22.1% compared to 19.8% nationally. Employment is heavily weighted towards elementary roles (13.7% versus 10.2% nationally) and caring occupations (11.8% versus 9.2%), while professional and managerial positions are underrepresented at 13.9% and 7.9% respectively. Housing tenure is broadly balanced, with mortgaged ownership slightly above average at 30.5%.
