At a Glance
Average Property Price - HU11
£245,097
26
National percentile
Average Monthly Rent - HU
£679
6
National percentile
Average Net Household Income - HU11
£35,705
36
National percentile
Flat / Maisonette Yield - HU
6.1%
80
National percentile
10-Year Annualised Price Growth - HU11
4.7%
83
National percentile
10-Year Annualised Rent Growth - HU
3.5%
22
National percentile
Property Price & Volume Trends
The latest average property price in HU11 is £245,000, placing it below the national average. Over the past decade, prices have grown at 4.7% per year—significantly faster than the national trend, ranking among the stronger performers nationally. Transaction activity has eased compared to its 10-year average, with 139 sales in the latest year against a historical norm of 188 per year.
Rent & Yield Trends
Average monthly rent across the broader HU postcode area is £679, well below the national average. Rental growth over the past decade has been modest at 3.5% annually, slower than the national pace. The flat yield currently stands at 6.1%, a marked improvement from its 10-year average of 4.9%, reflecting stronger investor returns in recent years.
Income & Affordability Trends
Average net household income in HU11 is £35,705, slightly below the national average. The price-to-income ratio has edged upward to 6.3x from 6.0x in 2016, indicating affordability has tightened for buyers. Rental affordability has improved, however, with the rent-to-income ratio falling from 21.4% in 2016 to 20.3% today.
Resident Demographic Profile
The population is notably older, with over one in four residents aged 65 and above—compared to one in five nationally—while those under 15 and aged 16–24 are significantly underrepresented. Outright home ownership is particularly strong at 48%, well above the national average of 34%, reflecting the elderly demographic. The workforce leans heavily toward trades (15.2%) and skilled trades generally, while professional employment is notably lower than the national average.