At a Glance
Average Property Price - HU15
£280,238
37
National percentile
Average Monthly Rent - HU
£679
6
National percentile
Average Net Household Income - HU15
£43,413
71
National percentile
Flat / Maisonette Yield - HU
6.1%
80
National percentile
10-Year Annualised Price Growth - HU15
3.4%
43
National percentile
10-Year Annualised Rent Growth - HU
3.5%
22
National percentile
Property Price & Volume Trends
The latest average property price in HU15 is £280,000, which sits below the national average. Over the past decade, prices have grown at 3.4% annually — a pace slightly below the national trend. Transaction volumes have moderated, with 415 sales recorded in the latest full year compared to a 10-year average of 503, indicating a softening in activity.
Rent & Yield Trends
Rental costs in the broader HU area average £679 per month, placing it among the most affordable regions nationally. Rents have expanded at 3.5% per year over ten years — faster than the national average. The flat yield has strengthened considerably to 6.1%, up from a 10-year average of 4.9%, reflecting improved rental returns for investors.
Income & Affordability Trends
Average household income in HU15 stands at £43,400, which is above the national average. The price-to-income ratio of 6.3x has deteriorated since 2016 (when it was 5.7x), indicating that properties have become less affordable relative to incomes. Rental affordability has improved slightly: the rent-to-income ratio has edged down to 20.3% from 21.4% in 2016, suggesting rents have not kept pace with earnings growth.
Resident Demographic Profile
HU15 has a notably older population profile, with those aged 50–64 comprising 22.3% (above the national 19.8%) and 65+ at 20.2%, compared to the national 19.6%. Young adults aged 16–24 are significantly underrepresented at 8.5% versus the national 11.0%. Housing tenure shows strong owner-occupation: 40.1% own outright and 39.1% own with a mortgage, together representing 79.2% — well above the national owner-occupancy of 60.7%. The workforce skews toward professionals (23.2%) and managers (16.7%), both above national averages, while elementary workers (7.0%) are notably scarce relative to the national 10.2%.