At a Glance
Average Property Price - HX2
£202,656
13
National percentile
Average Monthly Rent - HX
£737
16
National percentile
Average Net Household Income - HX2
£35,021
31
National percentile
Flat / Maisonette Yield - HX
4.9%
21
National percentile
10-Year Annualised Price Growth - HX2
3.4%
42
National percentile
10-Year Annualised Rent Growth - HX
3.5%
30
National percentile
Property Price & Volume Trends
The average property price in HX2 is £203,000, placing it well below the national average — among the cheapest nationally. Over the past decade, prices have grown at 3.4% annually, a pace slightly below the national trend. Transaction activity has moderated in recent years, with 441 sales in the latest full year compared to an average of 536 over the previous ten years.
Rent & Yield Trends
Average monthly rent across the broader HX postcode area stands at £737, notably below the national average. Rental growth over ten years has been 3.5% annually, marginally slower than the national pace. The flat yield has improved to 4.9% in the latest year from a ten-year average of 4.4%, reflecting the relatively strong rental returns typical of this lower-priced market.
Income & Affordability Trends
Average net household income is £35,021, below the national average. The price-to-income ratio of 5.2x has improved since 2016 (when it stood at 5.5x), indicating moderately improved purchase affordability. Rental affordability has also strengthened: the rent-to-income ratio has fallen from 22.2% in 2016 to 20.5% today.
Resident Demographic Profile
The population skews slightly older than national norms, with notably higher proportions aged 50–64 and under-15, and fewer young adults aged 16–24. Housing tenure is similar to national patterns, though mortgage ownership is marginally above average. The employment profile leans more heavily towards trades and technical roles than the national average, while professional and managerial employment is noticeably underrepresented.