Property trends for HU8

    HU8 covers parts of the east Hull area in the East Riding of Yorkshire, situated on the north bank of the Humber estuary. It is a traditionally working-class neighbourhood with a strong community character and relatively affordable housing.

    At a Glance

    Average Property Price - HU8

    £154,807

    4

    National percentile

    12 month avg at 31 Jul 2026

    Average Monthly Rent - HU

    £705

    7

    National percentile

    Estimate at 31 Jul 2026

    Average Net Household Income - HU8

    £31,413

    11

    National percentile

    2023 census data

    Flat / Maisonette Yield - HU

    6.5%

    79

    National percentile

    Estimate at 31 Jul 2026

    10-Year Annualised Price Growth - HU8

    3.1%

    50

    National percentile

    Estimate at 31 Jul 2026

    10-Year Annualised Rent Growth - HU

    3.7%

    40

    National percentile

    Estimate at 31 Jul 2026

    Street Rankings — HU8

    Top 5 streets in HU8 ranked by 3-year average sale price.

    #Street3Y Avg
    1Clear View Close£358,400
    2Cragdale Close£352,500
    3Kelgate Close£326,000
    4Maple Grove£315,500
    5The Oval£312,500

    Latest Rent — HU8

    Property Price & Volume Trends

    The latest average property price in HU8 is £156,000, placing it among the most affordable areas nationally. Over the past decade, prices have grown at 3.4% annually—close to the national average pace. Transaction activity has eased recently, with 329 sales last year compared to a 10-year average of 436, suggesting a slowdown in market turnover.

    Rent & Yield Trends

    Average monthly rent across the broader HU postcode is £679, well below the national average. Rental growth has averaged 3.5% annually over ten years, running slower than the national pace. The flat yield currently stands at 6.1%, notably above the 10-year average of 4.9%, reflecting an improving outlook for landlord returns.

    Income & Affordability Trends

    Household incomes in HU8 average £31,413 per year, significantly below the national average. The price-to-income ratio of 4.7x remains unchanged since 2016, indicating stable affordability for buyers despite modest income levels. Rental affordability has improved noticeably: renters now spend 20.3% of income on housing, down from 21.4% in 2016.

    Resident Demographic Profile

    The population skews slightly older, with those over 50 accounting for nearly 40% compared to 39.4% nationally, whilst the 16–24 age group is notably underrepresented at 9.6% against 11.0% nationally. Tenure is fairly balanced between ownership and renting, with a higher proportion in social housing (19.7%) than the national average of 16.5%. The employment profile is distinctly blue-collar, with trades (13.5%), elementary roles (12.8%), and plant/machine operation (10.9%) all well above national norms, whilst professional and managerial roles are significantly underrepresented.

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