At a Glance
Average Property Price - TS3
£94,888
0
National percentile
Average Monthly Rent - TS
£668
5
National percentile
Average Net Household Income - TS3
£28,628
5
National percentile
Flat / Maisonette Yield - TS
6.6%
94
National percentile
10-Year Annualised Price Growth - TS3
2.7%
20
National percentile
10-Year Annualised Rent Growth - TS
2.9%
4
National percentile
Property Price & Volume Trends
Properties in TS3 are exceptionally affordable, with an average price of £95,000—among the cheapest nationally. The 10-year annualised growth rate of 2.7% is below the national average, reflecting modest appreciation over the period. Transaction volumes have declined, with 171 sales in the latest year compared to a 10-year average of 226 per annum.
Rent & Yield Trends
Rents are very low relative to the UK, averaging £668 per month and placing the area among the cheapest nationally for rental costs. Rent growth over 10 years has been equally modest at 2.9% annually. The current flat yield of 6.6% is notably higher than the 10-year average of 5.8%, reflecting improved returns for landlords in recent years.
Income & Affordability Trends
Average household income stands at £28,628, well below the national average. Purchase affordability has worsened: the price-to-income ratio has risen from 2.9x in 2016 to 3.2x today, signalling reduced buying power despite low absolute prices. Rental affordability has improved slightly, with the rent-to-income ratio falling from 21.9% to 20.7% over the same period.
Resident Demographic Profile
The area has a notably young population, with 24.4% under 15—significantly above the national average of 17.5%. Social rented housing dominates tenure, accounting for 39.7% of homes compared to 16.5% nationally, while outright ownership at 19.1% is well below the national average of 33.7%. Employment is skewed towards elementary roles (20.3% versus 10.2% nationally) and caring occupations (17.5% versus 9.2%), whilst professional and managerial roles are underrepresented at 7.6% and 4.8% respectively.