At a Glance
Average Property Price - HU5
£150,831
3
National percentile
Average Monthly Rent - HU
£679
6
National percentile
Average Net Household Income - HU5
£32,689
17
National percentile
Flat / Maisonette Yield - HU
6.1%
80
National percentile
10-Year Annualised Price Growth - HU5
2.9%
26
National percentile
10-Year Annualised Rent Growth - HU
3.5%
22
National percentile
Property Price & Volume Trends
The average property price in HU5 is £151,000, placing it among the most affordable areas nationally. Over the past decade, prices have grown at 2.9% annually—a below-average rate compared with the rest of the UK. Transaction activity has eased in the latest year, with 573 sales against a 10-year average of 676, suggesting a modest slowdown in turnover.
Rent & Yield Trends
Average monthly rent stands at £679, well below the national average, reflecting the area's affordability. Rental growth over the past decade has been 3.5% per year—slightly below the national pace. The flat yield has climbed to 6.1%, notably higher than its 10-year average of 4.9%, indicating an improving outlook for rental investors.
Income & Affordability Trends
Average household income is £33,000, notably below the national norm. The price-to-income ratio of 4.3x represents improved affordability since 2016 (when it stood at 4.5x), making purchase more achievable for local earners. Rental affordability has also strengthened: the rent-to-income ratio has fallen to 20.3% from 21.4% in 2016, easing the burden on tenants.
Resident Demographic Profile
The area has a notably younger profile, with 16–24-year-olds overrepresented at 13.3% against the national 11.0%, whilst those aged 65 and over are underrepresented at 15.2%. Housing tenure is dominated by private renting at 34.4%—well above the national 21.7%—with correspondingly lower owner-occupation. The employment mix is skewed towards trades (12.6%), plant and machine operatives (12.2%), and elementary roles (15.1%), reflecting a working-class economic base with fewer professionals (15.4%) than the national average.