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House Prices in HU18 House Prices in HU18 (Hornsea)

The average house price in HU18 (Hornsea) is £228,272 using HM Land Registry data.

The average property price increased by £50,393 (30.57%) over the last 5 years and increased by £10,097 (4.47%) over the last 12 months.

Over the last year, there were 124 residential property sales – a decrease of 36 transactions (-29.03%) relative to the previous year. The majority of house sales (28) were in the £168,000 - £206,000 range. Then came properties in the £130,000 - £168,000 range, where 23 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 81 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,174 (-4%).

In Oct 24, there were 39 new estate agency instructions, 27 agreed home sales and 12 property price reductions.

Nearby Postcodes: HU11, HU12, HU17, HU7, HU8, HU9, YO11, YO12, YO14, YO15, YO16, YO17, YO25, YO42, YO43

5-Year Average Property Prices in HU18 (Hornsea)

30.57%

Property prices in Hornsea increased by 30.57% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in HU18 (Hornsea) Over the Last Year

4.47%

Property prices in Hornsea increased by 4.47% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for HU18 (Hornsea) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in HU18 (Hornsea)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in HU18 (Hornsea)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in HU18 (Hornsea)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the HU18 (Hornsea) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the HU18 postcode area since 1995.

Recent Sales in HU18 (Hornsea)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
19 Hornsea Burton Road, Hornsea, East Riding Of Yorkshire, HU18 1TP£235,000£235,000£0016 Mar 202416 Aug 2024153 Days
Reynoc, Pasture Road, Hornsea, East Riding Of Yorkshire, HU18 1QB£219,950£215,000-£4,95011 Apr 202401 Aug 2024112 Days
7 Cherry Close, Hornsea, East Riding Of Yorkshire, HU18 1TU£259,950£255,000-£4,95006 Jun 202329 Jul 2024419 Days
25 Rolston Road, Hornsea, East Riding Of Yorkshire, HU18 1TB£185,000£182,000-£3,00021 May 202419 Jul 202459 Days
13 Hull Road, Hornsea, East Riding Of Yorkshire, HU18 1RL£235,000£229,500-£5,50023 Feb 202419 Jul 2024147 Days
66 Stanley Avenue, Hornsea, East Riding Of Yorkshire, HU18 1UG£235,000£220,000-£15,00022 Jan 202412 Jul 2024172 Days
97b, Cliff Road, Hornsea, East Riding Of Yorkshire, HU18 1JB£315,000£315,000£0006 Mar 202409 Jul 2024125 Days
4 Westholme Avenue, Hornsea, East Riding Of Yorkshire, HU18 1JX£135,000£126,000-£9,00020 Dec 202301 Jul 2024194 Days
Foss Dene, Strawberry Gardens, Hornsea, East Riding Of Yorkshire, HU18 1US£515,000£500,000-£15,00015 Feb 202428 Jun 2024134 Days
51 Market Place, Hornsea, East Riding Of Yorkshire, HU18 1AP£169,950£165,000-£4,95021 Dec 202321 Jun 2024183 Days
62 Stanley Avenue, Hornsea, East Riding Of Yorkshire, HU18 1UG£229,950£225,000-£4,95002 Apr 202407 Jun 202466 Days
Pinklepurr, Pasture Road, Hornsea, East Riding Of Yorkshire, HU18 1QB£195,000£189,500-£5,50010 Aug 202329 May 2024293 Days
11 Constable Road, Hornsea, East Riding Of Yorkshire, HU18 1PN£345,000£315,000-£30,00001 Mar 202416 May 202476 Days
56 Greenacre Park, Hornsea, East Riding Of Yorkshire, HU18 1UW£299,500£297,000-£2,50020 Sep 202316 May 2024239 Days
8 Westbourne Road, Hornsea, East Riding Of Yorkshire, HU18 1PQ£289,950£278,400-£11,55031 Aug 202314 May 2024257 Days
10 Chrystals Road, Hornsea, East Riding Of Yorkshire, HU18 1PJ£315,000£315,000£0024 Jul 202310 May 2024291 Days
11 Carrington Avenue, Hornsea, East Riding Of Yorkshire, HU18 1JQ£210,000£204,000-£6,00013 Jan 202403 May 2024111 Days
29 St Nicholas Drive, Hornsea, East Riding Of Yorkshire, HU18 1EW£279,950£263,000-£16,95007 Oct 202326 Apr 2024202 Days
6 Cygnet Close, Hornsea, East Riding Of Yorkshire, HU18 1LE£315,000£310,000-£5,00026 Oct 202312 Apr 2024169 Days
1 Sawley Close, Hornsea, East Riding Of Yorkshire, HU18 1EZ£310,000£300,000-£10,00019 Dec 202310 Apr 2024113 Days

Most Expensive Streets in HU18 (Hornsea)

PostcodeStreetAreaAverageNo. of Sales
HU18 1URRolston RoadHornsea£528,3333
HU18 1EEWestwood AvenueHornsea£406,2503
HU18 1BSSeaton RoadHornsea£395,6663
HU18 1EQNorthumberland AvenueHornsea£380,6663
HU18 1USStrawberry GardensHornsea£370,0007
HU18 1XGRolston RoadHornsea£342,1878
HU18 1FBBerry CloseHornsea£333,3163
HU18 1LWEastgateHornsea£329,2318
HU18 1QXBurton RoadHornsea£323,3163
HU18 1BXCheyne WalkHornsea£316,99614

Least Expensive Streets in HU18 (Hornsea)

PostcodeStreetAreaAverageNo. of Sales
HU18 1LNCliff RoadHornsea£82,4833
HU18 1TETrinity RoadHornsea£106,3333
HU18 1DTEastgate ViewHornsea£106,4287
HU18 1STWhimbrel AvenueHornsea£108,9833
HU18 1RSMascotte GardensHornsea£109,2504
HU18 1TDRolston RoadHornsea£119,2374
HU18 1PZBroadway House, BroadwayHornsea£125,79210
HU18 1AFDesmond AvenueHornsea£126,0006
HU18 1SREbor AvenueHornsea£130,0003
HU18 1QEGraingers RoadHornsea£130,1663

Explore HU18 (Hornsea) using map

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