At a Glance
Average Property Price - HG5
£391,502
66
National percentile
Average Net Household Income - HG5
£42,276
67
National percentile
10-Year Annualised Price Growth - HG5
2.9%
24
National percentile
Property Price & Volume Trends
The average property price of £391,500 places HG5 among the more expensive districts nationally. Ten-year annualised growth of 2.9% is below the national average, reflecting a more measured pace of capital appreciation. Transaction volumes have eased recently, with 293 sales in the latest year compared to a ten-year average of 344 annually.
Rent & Yield Trends
Rental and yield data for HG5 are not available at the district level.
Income & Affordability Trends
Average net household income of £42,276 sits above the national median, placing the area in the upper income band. The price-to-income ratio of 9.7x is typical for the district; affordability has remained stable since 2016 when it stood at 9.8x. Rental affordability data is not available.
Resident Demographic Profile
The population skews notably older, with over a quarter aged 65 and above—well above the national average of 19.6%—and those aged 50–64 representing 23.1% versus 19.8% nationally. Young adults aged 16–24 are underrepresented at 7.9% compared to 11% nationally. Housing tenure reflects significant wealth, with 42% owning outright, substantially above the national figure of 33.7%. The employment profile is weighted towards managerial and professional roles, with managers representing 17% of the workforce against a national average of 13.4%.