At a Glance
Average Property Price - HU17
£284,537
38
National percentile
Average Monthly Rent - HU
£679
6
National percentile
Average Net Household Income - HU17
£40,128
59
National percentile
Flat / Maisonette Yield - HU
6.1%
80
National percentile
10-Year Annualised Price Growth - HU17
2.6%
18
National percentile
10-Year Annualised Rent Growth - HU
3.5%
22
National percentile
Property Price & Volume Trends
The latest average property price stands at £285,000, below the national average. Over the past decade, prices have grown at 2.6% annually—among the slowest rates nationally. Transaction volumes have moderated recently, with 672 sales in the latest year compared to a 10-year average of 846, indicating a softening market.
Rent & Yield Trends
Average monthly rent of £679 is well below the national norm, reflecting the area's affordable rental market. Rental growth has averaged 3.5% annually over ten years—below the national pace. The flat yield of 6.1% is notably above its 10-year average of 4.9%, suggesting improved rental returns for investors in recent times.
Income & Affordability Trends
Household incomes average £40,128, slightly above the national median. Purchase affordability has deteriorated marginally; the price-to-income ratio has risen from 7.2x in 2016 to 7.4x today. Rental affordability has improved, with the rent-to-income ratio falling from 21.4% to 20.3% over the same period.
Resident Demographic Profile
The population skews noticeably older: over a quarter (26.6%) are aged 65 and above, compared to 19.6% nationally, and those aged 50–64 represent 24.1% against a national average of 19.8%. Conversely, younger age groups are under-represented, particularly the 16–24 bracket at 8.4% versus 11.0% nationally. Housing tenure reflects this age profile, with 41.3% owning outright—substantially above the national 33.7%—and private renting at 19.4%, below average. The employment mix shows a higher share of professionals (23% versus 20.5% nationally) and technical workers (14.9% versus 13.2%), while elementary roles are less common at 8.3% against 10.2%.