At a Glance
Average Property Price - HU14
£384,239
64
National percentile
Average Monthly Rent - HU
£679
6
National percentile
Average Net Household Income - HU14
£46,615
80
National percentile
Flat / Maisonette Yield - HU
6.1%
80
National percentile
10-Year Annualised Price Growth - HU14
2.8%
24
National percentile
10-Year Annualised Rent Growth - HU
3.5%
22
National percentile
Property Price & Volume Trends
The average property price in HU14 is £384,000, placing it slightly above the national middle in terms of value. Over the past decade, the area has seen annualised price growth of 2.8%, which is notably slower than the typical pace across Great Britain. Transaction activity has declined: the latest year saw 126 sales against a 10-year average of 163, reflecting reduced market turnover.
Rent & Yield Trends
Average monthly rent in the broader HU postcode area is £679, placing it well below the national average—among the most affordable for rental accommodation. Over ten years, rents have grown at 3.5% annually, a pace slower than the national typical rate. The flat yield currently stands at 6.1%, a notable improvement on the 10-year average of 4.9%, indicating stronger rental returns in recent times.
Income & Affordability Trends
Average household income in HU14 is £46,615, placing the area among the higher-earning regions nationally. The price-to-income ratio of 8.2x is favourable compared to 2016's 8.7x, showing improved purchase affordability over that period. Rental affordability has also improved: the rent-to-income ratio has fallen from 21.4% in 2016 to 20.3% today.
Resident Demographic Profile
The population is notably older than the national average, with over a quarter (26.2%) aged 65 or above compared to 19.6% nationally, and those aged 16–24 are considerably underrepresented at 8.2% versus 11% nationally. Owner-occupation is very strong—81% own their homes outright or with a mortgage, well above the national 60.7%—whilst private and social rented sectors are correspondingly smaller. The employment profile is skewed towards higher-skilled work, with professionals and managers together accounting for 44.6%, far above the national combined figure of 33.9%.