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House Prices in HU5 House Prices in HU5 (Hull)

The average house price in HU5 (Hull) is £173,887 using HM Land Registry data.

The average property price increased by £22,394 (19.1%) over the last 5 years and increased by £4,487 (3.02%) over the last 12 months.

Over the last year, there were 437 residential property sales – a decrease of 210 transactions (-48.05%) relative to the previous year. The majority of house sales (136) were in the £106,000 - £132,000 range. Then came properties in the £132,000 - £158,000 range, where 84 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 78 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-3,193 (-2%).

In Oct 24, there were 98 new estate agency instructions, 85 agreed home sales and 63 property price reductions.

Nearby Postcodes: HU1, HU10, HU11, HU13, HU14, HU15, HU16, HU17, HU2, HU20, HU3, HU4, HU6, HU7, HU8, HU9, YO43

5-Year Average Property Prices in HU5 (Hull)

19.1%

Property prices in Hull increased by 19.1% 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 HU5 (Hull) Over the Last Year

3.02%

Property prices in Hull increased by 3.02% 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 HU5 (Hull) - 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 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 HU5 (Hull)

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 HU5 (Hull)

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 HU5 (Hull)

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 HU5 (Hull) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the HU5 postcode area since 1995.

Recent Sales in HU5 (Hull)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
25 Wharncliffe Street, Hull, City Of Kingston Upon Hull, HU5 3LX£85,000£75,000-£10,00013 May 202423 Aug 2024102 Days
1 Maplewood Avenue, Hull, East Riding Of Yorkshire, HU5 5YE£250,000£245,000-£5,00001 May 202419 Aug 2024110 Days
106 Danube Road, Hull, City Of Kingston Upon Hull, HU5 5UR£125,000£122,500-£2,50025 Mar 202416 Aug 2024144 Days
50 Belvoir Street, Hull, City Of Kingston Upon Hull, HU5 3LR£110,000£105,000-£5,00029 Feb 202416 Aug 2024169 Days
7 Lombardy Close, Hull, East Riding Of Yorkshire, HU5 5FB£200,000£197,000-£3,00028 Feb 202416 Aug 2024170 Days
26 Kenilworth Avenue, Hull, City Of Kingston Upon Hull, HU5 4BH£155,000£145,000-£10,00014 May 202415 Aug 202493 Days
11 Nelson Road, Hull, City Of Kingston Upon Hull, HU5 5HL£166,000£160,000-£6,00025 May 202415 Aug 202482 Days
2 Sedbergh Avenue, Hull, East Riding Of Yorkshire, HU5 4SE£160,000£160,000£0001 May 202412 Aug 2024103 Days
147 Goddard Avenue, Hull, City Of Kingston Upon Hull, HU5 2BN£145,000£145,000£0024 Jan 202412 Aug 2024201 Days
410 Wold Road, Hull, City Of Kingston Upon Hull, HU5 5QD£135,000£135,000£0016 May 202409 Aug 202485 Days
23 Daville Close, Hull, City Of Kingston Upon Hull, HU5 5PY£165,000£162,500-£2,50005 Apr 202402 Aug 2024119 Days
174 Clumber Street, Hull, City Of Kingston Upon Hull, HU5 3RN£98,000£98,000£0010 Apr 202401 Aug 2024113 Days
201 Wymersley Road, Hull, City Of Kingston Upon Hull, HU5 5PZ£142,500£138,500-£4,00024 May 202430 Jul 202467 Days
104 Dent Road, Hull, East Riding Of Yorkshire, HU5 4ST£135,000£130,000-£5,00001 Jan 202430 Jul 2024211 Days
67 Welbeck Street, Hull, City Of Kingston Upon Hull, HU5 3SA£125,000£125,000£0021 May 202426 Jul 202466 Days
21 De Grey Street, Hull, City Of Kingston Upon Hull, HU5 2RY£149,950£140,000-£9,95005 Mar 202125 Jul 20241238 Days
46 Belvoir Street, Hull, City Of Kingston Upon Hull, HU5 3LR£110,000£109,000-£1,00006 Mar 202419 Jul 2024135 Days
241 Cottingham Road, Hull, City Of Kingston Upon Hull, HU5 4AU£260,000£225,000-£35,00012 Mar 202419 Jul 2024129 Days
46 Newland Park, Hull, City Of Kingston Upon Hull, HU5 2DW£465,000£456,500-£8,50004 Feb 202418 Jul 2024165 Days
17 Patterdale Road, Hull, City Of Kingston Upon Hull, HU5 5AP£165,000£165,000£0009 Feb 202416 Jul 2024158 Days

Most Expensive Streets in HU5 (Hull)

PostcodeStreetAreaAverageNo. of Sales
HU5 2DRNewland ParkHull£565,0003
HU5 2DNNewland ParkHull£464,6005
HU5 2DTNewland ParkHull£433,5717
HU5 2DSNewland ParkHull£413,3333
HU5 3HNWestbourne AvenueHull£352,5663
HU5 2DBScholars DriveHull£347,0109
HU5 3HZWestbourne AvenueHull£332,4193
HU5 3DPVictoria AvenueHull£328,1005
HU5 2DWNewland ParkHull£324,3754
HU5 3DSVictoria AvenueHull£320,4005

Least Expensive Streets in HU5 (Hull)

PostcodeStreetAreaAverageNo. of Sales
HU5 3HHPrinces AvenueHull£41,6663
HU5 2NANewland Court, Alexandra RoadHull£49,1147
HU5 1NLAlexandra Court, Beverley RoadHull£50,1663
HU5 2DAWaddington Court, Cottingham RoadHull£58,1254
HU5 2TZCave StreetHull£59,1427
HU5 1DUMaye GroveHull£59,1663
HU5 1JAFarringdon StreetHull£64,6663
HU5 3NNLanark StreetHull£66,0003
HU5 2EZClovelly AvenueHull£66,1503
HU5 1EZTunis StreetHull£67,9005

Explore HU5 (Hull) using map

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