At a Glance
Average Property Price - TS28
£173,060
7
National percentile
Average Monthly Rent - TS
£668
5
National percentile
Average Net Household Income - TS28
£35,202
33
National percentile
Flat / Maisonette Yield - TS
6.6%
94
National percentile
10-Year Annualised Price Growth - TS28
6.1%
97
National percentile
10-Year Annualised Rent Growth - TS
2.9%
4
National percentile
Property Price & Volume Trends
The latest average property price in TS28 is £173,000, placing it among the cheapest nationally. Over the past decade, the area has achieved annualised price growth of 6.1%, which is among the fastest in the country. Transaction volume last year was 97 sales, marginally below its ten-year average of 100 per annum, indicating stable market demand.
Rent & Yield Trends
Average monthly rent across the broader TS postcode area stands at £668, which is significantly below the national average. Rental growth over ten years has been just 2.9% per annum, among the slowest nationally. The current flat yield of 6.6% has improved from its ten-year average of 5.8%, reflecting stronger investment returns as capital values have grown while rents have remained subdued.
Income & Affordability Trends
Average net household income in TS28 is £35,202, which is below the national average. The price-to-income ratio currently stands at 4.6x, having risen from 3.9x in 2016, indicating that affordability for first-time buyers has worsened over the period. Rental affordability has improved, with the rent-to-income ratio declining from 21.9% in 2016 to 20.7% today.
Resident Demographic Profile
The area has a notably older age profile, with 23% of residents aged 50–64 compared to 19.8% nationally, and 50+ residents comprising 41.6% of the population overall. The workforce is skewed towards trades and plant/machine roles—trades account for 12.5% versus 10.5% nationally, and plant/machine operatives for 9.6% versus 6.6%—reflecting the district's industrial heritage. Conversely, professional occupations are underrepresented at 16.7% against 20.5% nationally. Housing tenure shows stronger owner-occupation: 31.7% own with a mortgage versus 27.0% nationally, and outright ownership is also slightly above average.