At a Glance
Average Property Price - HD5
£199,161
12
National percentile
Average Monthly Rent - HD
£747
17
National percentile
Average Net Household Income - HD5
£34,463
29
National percentile
Flat / Maisonette Yield - HD
5.5%
47
National percentile
10-Year Annualised Price Growth - HD5
4.2%
72
National percentile
10-Year Annualised Rent Growth - HD
3.9%
51
National percentile
Property Price & Volume Trends
The latest average property price in HD5 is £199,000, placing it among the most affordable nationally. Over the past decade, prices have grown at 4.2% annually—a pace notably faster than the typical UK postcode district. Annual transaction numbers, however, have declined: the latest year saw 318 sales against a 10-year average of 401, suggesting a softer recent market.
Rent & Yield Trends
Monthly rents in the wider HD postcode area average £747, well below the national midpoint. Rent growth over ten years has been steady at 3.9% per annum, broadly in line with national trends. The current flat yield of 5.5% sits above its 10-year average of 5.0%, indicating slightly improving returns for landlords despite modest rental growth.
Income & Affordability Trends
Average household income in HD5 is £34,463, below the national average and among the lower quartiles nationally. The price-to-income ratio stands at 5.5x, slightly worse than in 2016 (5.3x), suggesting purchase affordability has tightened. Rental affordability, by contrast, has improved: the rent-to-income ratio has fallen from 21.2% to 20.7%, making rental housing modestly more accessible.
Resident Demographic Profile
The population skews slightly older than average, with 17.7% aged 65 and over compared to the national 19.6%—a modest difference. The most striking feature is the employment mix: the area has markedly fewer professionals (16.4% versus 20.5% nationally) and fewer managers (10.2% versus 13.4%), but notably higher representation in caring roles (11.5% versus 9.2%) and trades (11.2% versus 10.5%). Housing tenure is broadly typical, with a slightly elevated proportion in social rented housing (18.3% versus 16.5% nationally).