At a Glance
Average Property Price - HU2
£102,582
0
National percentile
Average Monthly Rent - HU
£679
6
National percentile
Average Net Household Income - HU2
£25,324
3
National percentile
Flat / Maisonette Yield - HU
6.1%
80
National percentile
10-Year Annualised Price Growth - HU2
2.8%
22
National percentile
10-Year Annualised Rent Growth - HU
3.5%
22
National percentile
Property Price & Volume Trends
The average property price in HU2 is £103,000, placing it among the cheapest areas nationally. Over the past decade, prices have grown at an annualised rate of 2.8%, below the national average pace. Transaction activity has remained stable, with 27 sales in the latest full year compared to a 10-year average of 24 per year.
Rent & Yield Trends
Average monthly rent across the HU postcode area stands at £679, well below the national average. Rents have grown at 3.5% per year over the past decade, broadly in line with national trends. The flat yield has risen to 6.1% in the latest year from a 10-year average of 4.9%, reflecting improving returns for landlords.
Income & Affordability Trends
Average net household income is £25,324, significantly below the national average. The price-to-income ratio of 3.7x has improved markedly since 2016 (when it stood at 4.1x), indicating strengthening purchase affordability. The rent-to-income ratio of 20.3% has also tightened from 21.4% in 2016, showing rental affordability has edged in tenants' favour.
Resident Demographic Profile
The age profile shows a notably higher concentration of prime working-age residents (25–34 and 35–49) compared to national averages, alongside a lower proportion of those aged 65+. Housing tenure is dominated by social rented accommodation (43%) and private renting (37.9%), with ownership far below national levels. Employment is weighted heavily towards elementary roles (19%) and plant/machine operatives (14.8%), with significantly fewer managers and professionals than the national average.