Hull

Area Guide For Hull

Hull, or as it is also known, Kingston-upon-Hull is one of England’s major ports and has historically been known for trade and fishing. The city is not exactly a posh locale or a tourist heaven, but those who enjoy the country’s industrial heritage and past are going to find plenty to see here. There are several great museums and a rich cultural scene, which has led to the city being named UK City of Culture 2017. There are a lot of independent artists in the area as well, and if you are up for it, the city offers diversity and an experience like few others.

 
 

Hull Map

Estimated Price: £123,818
Average Asking Price: £137,212
Price change in last one year: £4,733
Average Price Paid: £114,690
Average Rent Rates: £628

 
 

Property Prices Breakdown in Hull

Average Price for property in Hull is around £123,818 which varies based on type of property you are interested in and ranges from £222,606 for detached house to around £135,504 for semi-detached. Similarly terraced house is around £90,992 and a flat is worth £97,251. Values have been changing and have risen £195 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,115 in last 6 months, £4,733 in last 1 year, £10,267 in last 2 years, £13,392 in last 3 years, £11,297 in last 4 years and £7,710 in last 5 years.

Currently average asking price of a property in Hull is around £137,212 based on approximately 3,517 properties for sale. Same is the case with rental options based on 1,057 properties up for rent, average asking rent is around £628 per month.

Estimated property value in Hull is £123,818. Average asking price is £137,212 while average price paid is £118,579 which is up by £4,733 and Avg. asking rent £628.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Hull area. In last 1 year alone average price buyer paid is around £118,579 based on approximately 3,517 sales in Hull area alone. If you compare it to last 3 years sales of 10,001 properties where buyers paid around £115,114. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £114,690 for 15,888 and average amount paid for purchase of approx. 22,118 properties sold in last 7 years comes to about £113,177 per sale.

 
 

Properties For Sale in Hull

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £71,695, £88,609 for a 2 bedroom house, £123,939 for a 3 bedroom house, £202,972 for a 4 bedroom house and £329,599 for a 5 bedroom house. For a flat similarly the prices varies from £72,229 for a single bedroom to £98,350 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £111,980 and £79,950 for a 4 bedroom flat. To sum up the asking prices for properties in Hull it comes to around average £72,154 for 1 bedroom property, £89,929 for 2 bedroom, £123,859 for 3 bedroom, £202,458 for 4 bedroom and £329,599 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £370 for 1 bedroom to £417 for 2 bedrooms, £508 for 3 bedrooms, £659 for 4 bedrooms and £374 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £391. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £492, £485 for 3 bedroom and £1,029 for 5 bedroom. You should be generally be expecting around average £386 rent per month for single bedroom property, £441 for 2 bedroom, £507 for 3 bedroom, £659 for 4 bedroom and approximately £443 for a 5 bedroom property in Hull area.

Popular Houses in Hull

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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