At a Glance
Average Property Price - HX6
£232,439
22
National percentile
Average Monthly Rent - HX
£737
16
National percentile
Average Net Household Income - HX6
£37,741
48
National percentile
Flat / Maisonette Yield - HX
4.9%
21
National percentile
10-Year Annualised Price Growth - HX6
3.7%
53
National percentile
10-Year Annualised Rent Growth - HX
3.5%
30
National percentile
Property Price & Volume Trends
The latest average property price in HX6 is £232,000, placing it well below the national average and among the most affordable postcodes nationally. Over the past decade, prices have grown at 3.7% annually—close to the national average, indicating steady but unremarkable appreciation. Transaction activity has softened recently, with 297 sales in the latest full year compared to a 10-year average of 330, suggesting a modest slowdown in market momentum.
Rent & Yield Trends
Average monthly rent stands at £737, significantly below the national average and among the least expensive rental markets. Rent growth over the past decade has been 3.5% annually, below the national pace. The flat yield currently sits at 4.9%, above its 10-year average of 4.4%, indicating improving returns for buy-to-let investors as rents have not kept pace with falling capital values.
Income & Affordability Trends
Average household income is £37,741, close to the national median and reflecting a broadly average-earning demographic. Purchase affordability has tightened modestly: the price-to-income ratio stands at 5.8x, up from 5.6x in 2016, meaning property has become slightly less affordable relative to earnings. Rental affordability has improved considerably, with the rent-to-income ratio falling from 22.2% in 2016 to 20.5% today, offering relief to tenants.
Resident Demographic Profile
The age profile skews slightly older than the national average, with 23.2% aged 50–64 (compared to 19.8% nationally) and a notably lower proportion of young adults aged 16–24 at 8.6% versus 11% nationally. Housing tenure shows stronger mortgage ownership at 31.7% compared to the 27% national average, alongside slightly higher outright ownership at 34%. The employment mix is broadly balanced with a modest concentration in technical roles (14.6% versus 13.2% nationally) and trades (11% versus 10.5% nationally).