At a Glance
Average Property Price - HU1
£148,871
3
National percentile
Average Monthly Rent - HU
£679
6
National percentile
Average Net Household Income - HU1
£26,103
4
National percentile
Flat / Maisonette Yield - HU
6.1%
80
National percentile
10-Year Annualised Price Growth - HU1
5.0%
89
National percentile
10-Year Annualised Rent Growth - HU
3.5%
22
National percentile
Property Price & Volume Trends
At £149,000, HU1 sits among the most affordable areas nationally. The 10-year annualised growth of 5.0% ranks among the fastest in the country, reflecting steady capital appreciation despite the postcode's low absolute price level. Transaction activity has slowed notably, with 44 sales in the latest year compared to a 10-year annual average of 72, suggesting a thinning market.
Rent & Yield Trends
Monthly rent of £679 is well below the national average, reflecting the area's affordable positioning. Rent growth over ten years has been modest at 3.5% annually, lagging national trends. The flat yield has risen to 6.1%, notably above its 10-year average of 4.9%, indicating improved returns for landlords as rental income has grown relative to property values.
Income & Affordability Trends
Average household income of £26,103 is substantially below the national average, placing the area among the lowest-income neighbourhoods in the country. The price-to-income ratio of 4.3x has improved significantly since 2016 (when it stood at 5.5x), making purchase more affordable relative to earnings. Rental affordability has also edged forward, with the rent-to-income ratio improving from 21.4% to 20.3%, though rents still consume a meaningful share of household income.
Resident Demographic Profile
The age profile skews younger and more working-age than the national average, with 20.4% aged 25–34 (well above the 13.4% average) and only 11.7% aged 65 and over (below the 19.6% average). Housing tenure is heavily weighted towards renting: 38.9% live in private rental properties and 42.9% in social housing, compared to national figures of 21.7% and 16.5% respectively, while owner-occupation is minimal at just 17.0% combined. The employment profile shows significantly elevated proportions in elementary occupations (17.8% vs 10.2% nationally) and plant/machine operation (13.5% vs 6.6%), alongside lower representation in managerial roles (7.3% vs 13.4%).