At a Glance
Average Property Price - HU9
£137,205
2
National percentile
Average Monthly Rent - HU
£679
6
National percentile
Average Net Household Income - HU9
£29,290
6
National percentile
Flat / Maisonette Yield - HU
6.1%
80
National percentile
10-Year Annualised Price Growth - HU9
4.6%
83
National percentile
10-Year Annualised Rent Growth - HU
3.5%
22
National percentile
Property Price & Volume Trends
Properties in HU9 are among the cheapest nationally, with an average price of £137,000. Despite this low base, the area has seen strong price growth over the past decade, with annualised gains of 4.6% — placing it well above the national average. Transaction volumes have moderated, with 362 sales recorded in the latest full year compared to a 10-year average of 419.
Rent & Yield Trends
Monthly rents average £679, placing the area well below the national average. Rental growth has been modest at 3.5% annually, also below the national pace. The rental yield has improved notably, rising to 6.1% from a 10-year average of 4.9%, reflecting the area's growing appeal to investors seeking income returns.
Income & Affordability Trends
Average household income stands at £29,290, significantly below the national figure. Purchase affordability has deteriorated: the price-to-income ratio has risen from 3.8x in 2016 to 4.4x today, placing greater strain on buyers despite low absolute prices. Rental affordability has improved modestly, with the rent-to-income ratio falling from 21.4% to 20.3% over the same period.
Resident Demographic Profile
The area has a notably higher proportion of children under 15 at 20%, compared to the national average of 17.5%. Housing tenure is heavily skewed toward social rented accommodation at 31% — more than double the national average of 16.5% — with correspondingly low levels of outright ownership at 20%. The employment profile is dominated by trades and elementary roles, which together account for nearly 30% of the workforce, substantially above national levels; professional employment, conversely, is markedly underrepresented at 12%.