At a Glance
Average Property Price - HU10
£273,662
35
National percentile
Average Monthly Rent - HU
£679
6
National percentile
Average Net Household Income - HU10
£41,125
63
National percentile
Flat / Maisonette Yield - HU
6.1%
80
National percentile
10-Year Annualised Price Growth - HU10
3.1%
33
National percentile
10-Year Annualised Rent Growth - HU
3.5%
22
National percentile
Property Price & Volume Trends
The average property price in HU10 is £274,000, placing it below the national average. Over the past decade, prices have grown at 3.1% per year—a below-average pace of appreciation. Transaction activity has slowed in recent years, with 298 sales in the latest full year compared to a 10-year average of 383 annually, suggesting a less active market.
Rent & Yield Trends
Average monthly rent in the broader HU postcode area stands at £679, well below the national average. Rental growth has been moderate at 3.5% per year over the past decade. The flat yield has strengthened to 6.1%, up from a 10-year average of 4.9%, indicating improving returns for landlords and a shift in favour of the rental market.
Income & Affordability Trends
Average household income of £41,125 is slightly above the national midpoint. The price-to-income ratio of 7.1x has risen since 2016 (6.7x), making properties fractionally less affordable on purchase, though rental affordability has improved modestly—rent-to-income fell from 21.4% to 20.3%, reflecting slower rent growth relative to earnings.
Resident Demographic Profile
The population skews noticeably older, with over a quarter aged 65 and above compared to just under one-fifth nationally, and notably fewer young adults (8.1% aged 16–24 versus 11% nationally). Housing is dominated by outright ownership at 44.7%, well above the national norm, while private renting is considerably lower at 12.9%. Employment leans towards managers and professionals, who together account for over one-third of the workforce, while elementary occupations are proportionally scarce.