At a Glance
Average Property Price - TS24
£122,351
1
National percentile
Average Monthly Rent - TS
£668
5
National percentile
Average Net Household Income - TS24
£26,299
4
National percentile
Flat / Maisonette Yield - TS
6.6%
94
National percentile
10-Year Annualised Price Growth - TS24
3.7%
56
National percentile
10-Year Annualised Rent Growth - TS
2.9%
4
National percentile
Property Price & Volume Trends
At £122,000, TS24 ranks among the most affordable postcode districts nationally. Ten-year price growth has averaged 3.7% annually, broadly in line with the national trend. Transaction activity has slowed in the latest year to 177 sales, down from a ten-year average of 244 per annum.
Rent & Yield Trends
Average monthly rent across the broader TS area stands at £668, placing it well below the national average. Ten-year rent growth has been subdued at 2.9% annually, among the slowest nationally. The flat yield has risen to 6.6%, above its ten-year average of 5.8%, signalling improving rental returns for investors.
Income & Affordability Trends
Average net household income of £26,299 is significantly below the national average, ranking among the lowest nationally. Purchase affordability has deteriorated: the price-to-income ratio has risen from 3.8x in 2016 to 4.9x today. Rental affordability has marginally improved, 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 those aged 50–64 representing 20.7% against a national average of 19.8%. Social rented housing is notably prevalent at 34.6%, more than double the national rate of 16.5%, reflecting the area's post-industrial character. The workforce is concentrated in elementary occupations (14.6%) and caring roles (13.1%), both well above national norms, while professional and managerial employment is significantly underrepresented.