At a Glance
Average Property Price - HU20
£381,633
63
National percentile
Average Monthly Rent - HU
£679
6
National percentile
Average Net Household Income - HU20
£45,412
77
National percentile
Flat / Maisonette Yield - HU
6.1%
80
National percentile
10-Year Annualised Price Growth - HU20
3.9%
64
National percentile
10-Year Annualised Rent Growth - HU
3.5%
22
National percentile
Property Price & Volume Trends
The latest average property price in HU20 is £382,000, placing it around the middle of the national market. Over the past decade, prices have grown at 3.9% annually, a pace broadly in line with the national average. Transaction activity has been notably subdued: just 4 sales were recorded in the latest full year, compared to an average of 11 per year over the preceding decade.
Rent & Yield Trends
Average monthly rent across the HU postcode area stands at £679, well below the national average. Rental growth over the past decade has been steady at 3.5% per year, slightly below the national rate. The flat yield has improved materially, rising to 6.1% in the latest year from a 10-year average of 4.9%, signalling improving returns for buy-to-let investors.
Income & Affordability Trends
Household incomes in the area are above the national average at £45,412. However, affordability pressure has increased: the price-to-income ratio has risen from 5.9x in 2016 to 7.8x today, indicating that properties now require nearly eight years of gross household income to purchase. Rental affordability has marginally improved, with rent-to-income falling from 21.4% to 20.3%.
Resident Demographic Profile
The population is considerably older than the national average, with over half aged 50 or above; those aged 65 and over represent 27.6% compared to 19.6% nationally. Young adults aged 16–24 and families aged 25–34 are underrepresented. Housing tenure shows strong owner-occupation: over half of homes are owned outright, well above the national norm, while private rental and social housing each account for a smaller share. The workforce is notably concentrated in professional and managerial roles, which together represent 44.5% of employment, significantly above the national average of 33.9%.