At a Glance
Average Property Price - HU7
£176,600
7
National percentile
Average Monthly Rent - HU
£679
6
National percentile
Average Net Household Income - HU7
£22,877
2
National percentile
Flat / Maisonette Yield - HU
6.1%
80
National percentile
10-Year Annualised Price Growth - HU7
3.0%
29
National percentile
10-Year Annualised Rent Growth - HU
3.5%
22
National percentile
Property Price & Volume Trends
The average property price in HU7 is £177,000, placing it among the cheapest nationally. Over the past decade, prices have grown at 3.0% annually—below the national average—reflecting a slower but steady pace of capital appreciation. Transaction activity has slowed; the 529 sales recorded in the latest full year represent a 23% drop from the 10-year annual average of 690.
Rent & Yield Trends
Average monthly rent of £679 sits well below the national average, making this area highly affordable for tenants. Rental growth over ten years has been 3.5% annually, a below-average rate. Yields have strengthened noticeably, rising from a 10-year average of 4.9% to a current 6.1%, signalling improved returns for landlords.
Income & Affordability Trends
Average household income of £23,000 is significantly below the national average, placing the area among the lowest-earning in the country. The price-to-income ratio has risen to 7.5x, up from 5.5x in 2016, reflecting worsening purchase affordability despite low absolute prices. Rental affordability has improved slightly, with the rent-to-income ratio falling from 21.4% in 2016 to 20.3% today.
Resident Demographic Profile
The population is notably younger than average, with 20% under 15 (versus 17.5% nationally), although those aged 16–24 are underrepresented at 9.7%. Social rented housing is markedly higher at 24.8% compared to the national 16.5%, reflecting stronger reliance on social provision. The employment mix is heavily weighted towards trades (14.4%) and elementary occupations (14%), both well above national averages, whilst professionals are significantly underrepresented at 10.6% against 20.5% nationally.