At a Glance
Average Property Price - HX4
£290,579
39
National percentile
Average Monthly Rent - HX
£737
16
National percentile
Average Net Household Income - HX4
£40,359
60
National percentile
Flat / Maisonette Yield - HX
4.9%
21
National percentile
10-Year Annualised Price Growth - HX4
3.7%
55
National percentile
10-Year Annualised Rent Growth - HX
3.5%
30
National percentile
Property Price & Volume Trends
The latest average property price in HX4 is £291,000, placing it below the national average. Over the past decade, prices have grown at 3.7% annually — roughly in line with the national trend. Transaction activity in the latest year stood at 184 sales, slightly below the 10-year average of 200 per year.
Rent & Yield Trends
Average monthly rents in the broader HX area are £737, well below the national average. Rental growth over the past decade has been modest at 3.5% annually, below the national pace. The flat yield currently stands at 4.9%, up from a 10-year average of 4.4%, reflecting recent strengthening of the rental market relative to capital values.
Income & Affordability Trends
Average household income is £40,359, placing the area slightly above the national median. The price-to-income ratio currently sits at 6.3x, slightly higher than the 6.2x recorded in 2016, indicating marginally tighter purchase affordability. By contrast, rental affordability has improved: 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 average, with those aged 50–64 representing 22.7% against a national average of 19.8%, and 16–24 year-olds notably underrepresented at 8.9% versus 11.0% nationally. Housing tenure shows a strong emphasis on ownership: 35.5% own outright and 34.2% own with a mortgage, well above national averages, whilst private rental and social housing are both below typical levels. The employment profile is notably weighted towards higher-skilled roles, with professionals and managers comprising 36.5% of the workforce — substantially above the national combined figure of 33.9% — whilst elementary occupations are underrepresented at 7.1% against the national 10.2%.