At a Glance
Average Property Price - HX5
£216,668
17
National percentile
Average Monthly Rent - HX
£737
16
National percentile
Average Net Household Income - HX5
£34,708
30
National percentile
Flat / Maisonette Yield - HX
4.9%
21
National percentile
10-Year Annualised Price Growth - HX5
3.2%
34
National percentile
10-Year Annualised Rent Growth - HX
3.5%
30
National percentile
Property Price & Volume Trends
The average property price in HX5 is £217,000, placing it well below the national average and among the cheapest areas nationally. Over the past decade, prices have grown at 3.2% annually—a below-average rate of growth. Transaction activity has softened: 115 sales were recorded in the latest full year, down from a 10-year average of 146 per year.
Rent & Yield Trends
Average monthly rent stands at £737, significantly below the national level. Rental growth over the past decade has been modest at 3.5% annually, also below the national pace. The flat yield is currently 4.9%, an improvement on the 10-year average of 4.4%, indicating that rental returns have strengthened relative to property values in recent years.
Income & Affordability Trends
Average household income is £35,000, notably below the national average. The price-to-income ratio of 5.6x has improved substantially since 2016 (when it stood at 6.5x), reflecting better affordability for buyers. Rental affordability has also improved: the rent-to-income ratio is now 20.5%, down from 22.2% in 2016, making the area more accessible to tenants.
Resident Demographic Profile
The age profile is broadly in line with national averages, though there is a slight concentration of people aged 50–64 (20.5% vs 19.8% nationally). Housing tenure shows modest variation: social rented accommodation at 18.9% is notably higher than the national average of 16.5%. The employment mix is relatively balanced, though professionals are underrepresented at 17.2% compared to the national figure of 20.5%, while trades workers and elementary occupations are slightly more prominent.