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House Prices in HU18

The average house price in HU18 (Hornsea) is £298,685 using HM Land Registry data.

The average property price increased by £57,836 (30.57%) over the last 5 years and increased by £11,562 (4.47%) over the last 12 months.

Over the last year, there were 137 residential property sales – a decrease of 21 transactions (-15.33%) relative to the previous year. The majority of house sales (31) were in the £130,000 - £172,000 range. Then came properties in the £172,000 - £214,000 range, where 31 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 76 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,174 (-4%).

In June 2024, there were 26 new estate agency instructions, 20 agreed home sales and 9 property price reductions.

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.

Property Market Heat Gauge for HU18 (Hornsea) - June 2024

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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
11 Constable Road, Hornsea, East Riding Of Yorkshire, HU18 1PN	£345,000	£315,000	-£30,000	01 Mar 2024	16 May 2024	76 Days
10 Chrystals Road, Hornsea, East Riding Of Yorkshire, HU18 1PJ	£315,000	£315,000	£00	24 Jul 2023	10 May 2024	291 Days
11 Carrington Avenue, Hornsea, East Riding Of Yorkshire, HU18 1JQ	£210,000	£204,000	-£6,000	13 Jan 2024	03 May 2024	111 Days
29 St Nicholas Drive, Hornsea, East Riding Of Yorkshire, HU18 1EW	£279,950	£263,000	-£16,950	07 Oct 2023	26 Apr 2024	202 Days
6 Cygnet Close, Hornsea, East Riding Of Yorkshire, HU18 1LE	£315,000	£310,000	-£5,000	26 Oct 2023	12 Apr 2024	169 Days
1 Sawley Close, Hornsea, East Riding Of Yorkshire, HU18 1EZ	£310,000	£300,000	-£10,000	19 Dec 2023	10 Apr 2024	113 Days
Siward, Belvedere Park, Hornsea, East Riding Of Yorkshire, HU18 1JJ	£295,000	£289,500	-£5,500	07 Sep 2023	02 Apr 2024	208 Days
8 Eastgate View, Hornsea, East Riding Of Yorkshire, HU18 1DT	£99,950	£90,000	-£9,950	21 Dec 2023	22 Mar 2024	92 Days
11 Swallow Close, Hornsea, East Riding Of Yorkshire, HU18 1LB	£318,995	£310,000	-£8,995	10 Jul 2023	21 Mar 2024	255 Days
8 Hull Road, Hornsea, East Riding Of Yorkshire, HU18 1RL	£169,950	£169,950	£00	02 Feb 2024	20 Mar 2024	47 Days
80 Ashcourt Drive, Hornsea, East Riding Of Yorkshire, HU18 1HF	£164,950	£160,000	-£4,950	20 Oct 2023	04 Mar 2024	136 Days
5 Beechwood, Hornsea, East Riding Of Yorkshire, HU18 1RZ	£210,000	£200,000	-£10,000	04 Dec 2023	28 Feb 2024	86 Days
17 Lindale Avenue, Hornsea, East Riding Of Yorkshire, HU18 1RN	£199,950	£197,475	-£2,475	09 Mar 2023	09 Feb 2024	337 Days
7 Ranby Crescent, Hornsea, East Riding Of Yorkshire, HU18 1SY	£159,950	£159,950	£00	04 Nov 2023	05 Feb 2024	93 Days
1 Cygnet Close, Hornsea, East Riding Of Yorkshire, HU18 1LE	£310,000	£292,000	-£18,000	26 Oct 2023	29 Jan 2024	95 Days
16 Westgate, Hornsea, East Riding Of Yorkshire, HU18 1BP	£210,000	£202,000	-£8,000	09 Aug 2023	26 Jan 2024	170 Days
30 Stanley Avenue, Hornsea, East Riding Of Yorkshire, HU18 1UG	£155,000	£155,000	£00	17 Oct 2023	22 Jan 2024	97 Days
22 Whimbrel Avenue, Hornsea, East Riding Of Yorkshire, HU18 1SU	£169,950	£168,000	-£1,950	04 Oct 2023	18 Jan 2024	106 Days
15 Belgrave Drive, Hornsea, East Riding Of Yorkshire, HU18 1LU	£250,000	£250,000	£00	29 Sep 2023	09 Jan 2024	102 Days
37 Ashcourt Drive, Hornsea, East Riding Of Yorkshire, HU18 1HE	£315,000	£310,000	-£5,000	09 Oct 2023	20 Dec 2023	72 Days

Most Expensive Streets in HU18 (Hornsea)

Postcode	Street	Area	Average	No. of Sales
HU18 1UR	Rolston Road	Hornsea	£528,333	3
HU18 1EE	Westwood Avenue	Hornsea	£406,250	3
HU18 1BS	Seaton Road	Hornsea	£395,666	3
HU18 1EQ	Northumberland Avenue	Hornsea	£380,666	3
HU18 1DR	The Rise	Hornsea	£369,166	3
HU18 1US	Strawberry Gardens	Hornsea	£348,333	6
HU18 1XG	Rolston Road	Hornsea	£342,166	9
HU18 1FB	Berry Close	Hornsea	£333,316	3
HU18 1QX	Burton Road	Hornsea	£323,316	3
HU18 1BX	Cheyne Walk	Hornsea	£321,530	15

Least Expensive Streets in HU18 (Hornsea)

Postcode	Street	Area	Average	No. of Sales
HU18 1LN	Cliff Road	Hornsea	£82,483	3
HU18 1DT	Eastgate View	Hornsea	£103,083	6
HU18 1RS	Mascotte Gardens	Hornsea	£104,900	5
HU18 1TD	Rolston Road	Hornsea	£119,237	4
HU18 1BA	Back Southgate	Hornsea	£123,500	3
HU18 1PZ	Broadway House, Broadway	Hornsea	£123,725	13
HU18 1AF	Desmond Avenue	Hornsea	£126,000	6
HU18 1SR	Ebor Avenue	Hornsea	£126,250	4
HU18 1QE	Graingers Road	Hornsea	£130,166	3
HU18 1SX	Salisbury Avenue	Hornsea	£132,000	3