At a Glance
Average Property Price - HR6
£313,654
46
National percentile
Average Monthly Rent - HR
£819
21
National percentile
Average Net Household Income - HR6
£33,407
22
National percentile
Flat / Maisonette Yield - HR
5.2%
26
National percentile
10-Year Annualised Price Growth - HR6
3.5%
48
National percentile
10-Year Annualised Rent Growth - HR
3.6%
40
National percentile
Property Price & Volume Trends
The average property price in HR6 is £314,000, close to the national midpoint. Over the past decade, prices have grown at 3.5% annually—broadly in line with the national trend. Transaction volumes have slowed: 249 sales were recorded in the latest full year, compared to a 10-year average of 313 per year.
Rent & Yield Trends
Average monthly rents in the broader HR postcode area stand at £819, placing them well below the national average. Rents have grown at 3.6% per year over a decade—a pace slightly slower than the national trend. The current flat yield of 5.2% is notably higher than the 10-year average of 4.5%, signalling improved returns for landlords in recent years.
Income & Affordability Trends
Average net household income is £33,407, meaningfully below the national average. The price-to-income ratio has deteriorated since 2016, rising from 7.5x to 9.6x, indicating purchase affordability has worsened. Rental affordability, however, has improved slightly: the rent-to-income ratio has fallen from 23.6% to 23.2%.
Resident Demographic Profile
The population is notably older than average, with nearly 30% aged 65 and over compared to the national average of 20%, and only 8% aged 16–24 versus 11% nationally. Housing tenure shows a much higher rate of outright ownership at 45% versus 34% nationally, reflecting the area's mature demographic. The employment profile is weighted towards trades (18%), significantly above the national average of 11%, alongside elevated caring sector employment at 11%.