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House Prices in HU5

The average house price in HU5 (Hull) is £157,380 using HM Land Registry data.

The average property price increased by £23,059 (19.1%) over the last 5 years and increased by £4,609 (3.02%) over the last 12 months.

Over the last year, there were 505 residential property sales – a decrease of 300 transactions (-59.41%) relative to the previous year. The majority of house sales (163) were in the £106,000 - £132,000 range. Then came properties in the £132,000 - £158,000 range, where 90 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 80 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-3,193 (-2%).

In April 2024, there were 112 new estate agency instructions, 72 agreed home sales and 36 property price reductions.

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.

Property Market Heat Gauge for HU5 (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 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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
51 Maplewood Avenue, Hull, East Riding Of Yorkshire, HU5 5YE	£250,000	£250,000	£00	20 Dec 2023	22 Mar 2024	93 Days
12 Calvert Road, Hull, City Of Kingston Upon Hull, HU5 5DE	£125,000	£110,000	-£15,000	19 Jun 2023	08 Mar 2024	263 Days
12 Oakwood Close, Hull, East Riding Of Yorkshire, HU5 5YG	£250,000	£247,000	-£3,000	02 Nov 2023	04 Mar 2024	123 Days
11 Tennyson Avenue, Hull, City Of Kingston Upon Hull, HU5 3TN	£165,000	£165,000	£00	29 Sep 2023	27 Feb 2024	151 Days
229 Bricknell Avenue, Hull, City Of Kingston Upon Hull, HU5 4NS	£170,000	£166,000	-£4,000	13 Dec 2023	23 Feb 2024	72 Days
3 Yorkshire Close, Hull, City Of Kingston Upon Hull, HU5 5XY	£140,000	£139,000	-£1,000	29 Sep 2023	23 Feb 2024	147 Days
5 Lomond Road, Hull, City Of Kingston Upon Hull, HU5 5BN	£140,000	£140,000	£00	12 Jul 2023	19 Feb 2024	222 Days
26 Bloomfield Avenue, Hull, City Of Kingston Upon Hull, HU5 5NH	£140,000	£135,000	-£5,000	31 Oct 2023	16 Feb 2024	108 Days
296 Park Avenue West, Hull, City Of Kingston Upon Hull, HU5 4DQ	£175,000	£170,000	-£5,000	14 Jul 2023	09 Feb 2024	210 Days
70 Alexandra Road, Hull, City Of Kingston Upon Hull, HU5 2NT	£125,000	£105,000	-£20,000	03 Feb 2023	01 Feb 2024	363 Days
36 Strensall Road, Hull, City Of Kingston Upon Hull, HU5 5TD	£160,000	£160,000	£00	27 Sep 2023	31 Jan 2024	126 Days
15 Cradley Road, Hull, City Of Kingston Upon Hull, HU5 5SL	£115,000	£109,550	-£5,450	06 Sep 2023	19 Jan 2024	135 Days
195 Ella Street, Hull, City Of Kingston Upon Hull, HU5 3AT	£225,000	£211,000	-£14,000	07 Jun 2023	20 Dec 2023	196 Days
36 Grafton Street, Hull, City Of Kingston Upon Hull, HU5 2NR	£85,000	£71,000	-£14,000	21 Aug 2023	19 Dec 2023	120 Days
35 Windsor Road, Hull, City Of Kingston Upon Hull, HU5 4HD	£215,000	£210,000	-£5,000	02 Oct 2023	15 Dec 2023	74 Days
11a, Reldene Drive, Hull, City Of Kingston Upon Hull, HU5 5HR	£170,000	£170,000	£00	25 Sep 2023	15 Dec 2023	81 Days
33 Kirklands Road, Hull, City Of Kingston Upon Hull, HU5 5AX	£100,000	£99,000	-£1,000	06 Nov 2023	15 Dec 2023	39 Days
1 Hardy Street, Hull, City Of Kingston Upon Hull, HU5 2PL	£90,000	£87,500	-£2,500	28 Jun 2023	12 Dec 2023	167 Days
129 Appleton Road, Hull, City Of Kingston Upon Hull, HU5 4PE	£120,000	£118,000	-£2,000	16 Oct 2023	11 Dec 2023	56 Days
220 Westlands Road, Hull, City Of Kingston Upon Hull, HU5 5NY	£150,000	£147,000	-£3,000	02 Oct 2023	08 Dec 2023	67 Days

Most Expensive Streets in HU5 (Hull)

Postcode	Street	Area	Average	No. of Sales
HU5 2DR	Newland Park	Hull	£565,000	3
HU5 2DN	Newland Park	Hull	£464,600	5
HU5 2DT	Newland Park	Hull	£418,142	7
HU5 3HN	Westbourne Avenue	Hull	£352,566	3
HU5 2DB	Scholars Drive	Hull	£347,010	9
HU5 3DP	Victoria Avenue	Hull	£328,100	5
HU5 3HR	Westbourne Avenue	Hull	£318,125	4
HU5 3HZ	Westbourne Avenue	Hull	£309,314	4
HU5 3HW	Westbourne Avenue	Hull	£308,000	3
HU5 3HU	Westbourne Avenue	Hull	£306,000	4

Least Expensive Streets in HU5 (Hull)

Postcode	Street	Area	Average	No. of Sales
HU5 3HH	Princes Avenue	Hull	£45,750	4
HU5 2NA	Newland Court, Alexandra Road	Hull	£49,114	7
HU5 1NL	Alexandra Court, Beverley Road	Hull	£50,166	3
HU5 2DA	Waddington Court, Cottingham Road	Hull	£58,125	4
HU5 2TZ	Cave Street	Hull	£59,142	7
HU5 1DU	Maye Grove	Hull	£59,166	3
HU5 2QU	St Augustines Avenue	Hull	£63,666	3
HU5 1JA	Farringdon Street	Hull	£64,666	3
HU5 1EZ	Tunis Street	Hull	£65,375	4
HU5 3UF	Polo Villas	Hull	£65,833	3