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House Prices in HU1

The average house price in HU1 (Hull) is £135,000 using HM Land Registry data.

The average property price increased by £8,950 (86%) over the last 5 years and increased by £1,789 (9.24%) over the last 12 months.

Over the last year, there were 35 residential property sales – a decrease of 49 transactions (-140.00%) relative to the previous year. The majority of house sales (10) were in the £68,000 - £96,000 range. Then came properties in the £40,000 - £68,000 range, where 8 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 314 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-1,997 (-1%).

In April 2024, there were 12 new estate agency instructions, 3 agreed home sales and 10 property price reductions.

5-Year Average Property Prices in HU1 (Hull)

86%

Property prices in Hull increased by 86% 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 HU1 (Hull) Over the Last Year

9.24%

Property prices in Hull increased by 9.24% 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 HU1 (Hull) - April 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 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 HU1 (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 HU1 (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 HU1 (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 HU1 (Hull) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the HU1 postcode area since 1995.

Recent Sales in HU1 (Hull)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
2 Kingston Wharf, Hull, City Of Kingston Upon Hull, HU1 2ES	£135,000	£130,000	-£5,000	30 May 2021	10 Nov 2023	894 Days
124 Porter Street, Hull, City Of Kingston Upon Hull, HU1 2RH	£55,000	£40,000	-£15,000	10 Nov 2022	06 Oct 2023	330 Days
15 Kingston Wharf, Hull, City Of Kingston Upon Hull, HU1 2ES	£145,000	£143,000	-£2,000	17 May 2023	02 Oct 2023	138 Days
13 Halyard Croft, Hull, City Of Kingston Upon Hull, HU1 2EP	£175,000	£167,500	-£7,500	19 May 2023	25 Sep 2023	129 Days
2 Captains Walk, Hull, City Of Kingston Upon Hull, HU1 2DX	£100,000	£95,000	-£5,000	19 Jun 2023	06 Sep 2023	79 Days
3 Halyard Croft, Hull, City Of Kingston Upon Hull, HU1 2EP	£179,995	£178,000	-£1,995	30 Nov 2022	11 Apr 2023	132 Days
Flat 14, Warehouse 13, Kingston Street, Hull, City Of Kingston Upon Hull, HU1 2DZ	£100,000	£98,000	-£2,000	07 Oct 2022	31 Mar 2023	175 Days
Flat 2, Warehouse 13, Kingston Street, Hull, City Of Kingston Upon Hull, HU1 2DZ	£80,000	£80,000	£00	21 Jul 2021	03 Feb 2023	562 Days
7 Marine Wharf, Hull, City Of Kingston Upon Hull, HU1 2TY	£169,950	£165,000	-£4,950	12 Sep 2022	27 Jan 2023	137 Days
Flat 8, Warehouse 13, Kingston Street, Hull, City Of Kingston Upon Hull, HU1 2DZ	£85,000	£84,000	-£1,000	22 Jan 2021	02 Dec 2022	679 Days
Flat 24, Warehouse 13, Kingston Street, Hull, City Of Kingston Upon Hull, HU1 2DZ	£90,000	£90,000	£00	17 May 2022	07 Nov 2022	174 Days
Flat 19, Warehouse 13, Kingston Street, Hull, Humberside, HU1 2DZ	£85,000	£85,000	£00	12 Apr 2021	29 Nov 2021	231 Days
4 Boatswain Croft, Hull, City Of Kingston Upon Hull, HU1 2EJ	£120,000	£115,000	-£5,000	05 Mar 2021	22 Oct 2021	231 Days
Apartment 45, Freedom Quay, Railway Street, Hull, City Of Kingston Upon Hull, HU1 2BE	£275,000	£270,000	-£5,000	11 May 2021	18 Oct 2021	160 Days
196 Porter Street, Hull, City Of Kingston Upon Hull, HU1 2RF	£45,000	£45,000	£00	18 Feb 2019	16 Jul 2021	879 Days
Flat 13, Warehouse 13, Kingston Street, Hull, City Of Kingston Upon Hull, HU1 2DZ	£104,950	£93,000	-£11,950	29 Mar 2018	08 Jul 2021	1197 Days
51 Wellington Street West, Hull, City Of Kingston Upon Hull, HU1 2DG	£189,000	£180,000	-£9,000	16 Mar 2021	30 Jun 2021	106 Days
7 Admirals Croft, Hull, City Of Kingston Upon Hull, HU1 2DR	£110,000	£110,000	£00	18 Feb 2021	07 May 2021	78 Days
16 Captains Walk, Hull, City Of Kingston Upon Hull, HU1 2DX	£165,000	£161,000	-£4,000	11 Feb 2021	28 Apr 2021	76 Days
1 Halyard Croft, Hull, City Of Kingston Upon Hull, HU1 2EP	£165,000	£155,000	-£10,000	27 Nov 2020	23 Apr 2021	147 Days

Most Expensive Streets in HU1 (Hull)

Postcode	Street	Area	Average	No. of Sales
HU1 1AX	Blanket Row	Hull	£267,924	26
HU1 1AN	Finkle Street	Hull	£248,162	6
HU1 1AW	Queen Street	Hull	£245,425	7
HU1 1AP	Horners Square	Hull	£234,246	11
HU1 1AU	Scotts Square	Hull	£212,973	21
HU1 1AL	Finkle Court	Hull	£206,162	6
HU1 2BE	Freedom Quay, Railway Street, Hull	Hull	£195,400	5
HU1 2DF	Manor House Street	Hull	£193,381	6
HU1 1AS	Martins Court	Hull	£193,328	3
HU1 1AR	Horners Court	Hull	£190,935	4

Least Expensive Streets in HU1 (Hull)

Postcode	Street	Area	Average	No. of Sales
HU1 2RF	Porter Street	Hull	£43,333	3
HU1 1DB	Cogan Chambers, Exchange Court	Hull	£51,200	5
HU1 1HA	High Street	Hull	£66,333	9
HU1 1NE	High Street	Hull	£78,125	6
HU1 1SE	Grammar School Yard	Hull	£79,378	7
HU1 1NR	Phoenix House, High Street, Hull	Hull	£79,416	6
HU1 1NH	Lister Court, High Street, Hull	Hull	£83,000	6
HU1 3AX	Tivoli House, South Street, Hull	Hull	£83,257	37
HU1 1NG	Pease Court, High Street, Hull	Hull	£85,000	3
HU1 2DZ	Warehouse 13, Kingston Street, Hull	Hull	£87,045	11