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Hedon House Prices Hedon House Prices

The average house price in Hedon is £153,316 using HM Land Registry data.

The average property price increased by £10,129 (5.81%) over the last 5 years and increased by £2,024 (1.11%) over the last 12 months.

Over the last year, there were 90 residential property sales – a decrease of 45 transactions (-50.00%) relative to the previous year. The majority of house sales (30) were in the £136,000 - £172,000 range. Then came properties in the £100,000 - £136,000 range, where 20 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 107 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,057 (-2%).

In April 2024, there were 19 new estate agency instructions, 10 agreed home sales and 9 property price reductions.

Postcodes Covered: HU12

5-Year Average Property Prices in Hedon

5.81%

Property prices in Hedon increased by 5.81% 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 Hedon Over the Last Year

1.11%

Property prices in Hedon increased by 1.11% 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 Hedon - 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 Hedon

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 Hedon

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 Hedon

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 Hedon since 1995

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

Recent Property Sales in Hedon

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
20 St Michaels Drive, Hedon, Hull, East Riding Of Yorkshire, HU12 8QG£365,000£360,000-£5,00023 Oct 202308 Mar 2024137 Days
Dandelions, Cherry Tree Lane, Hedon, Hull, East Riding Of Yorkshire, HU12 8JZ£490,000£480,000-£10,00022 May 202307 Feb 2024261 Days
17 Maple Park, Hedon, Hull, East Riding Of Yorkshire, HU12 8NR£195,000£190,000-£5,00014 Oct 202302 Feb 2024111 Days
6 Princes Avenue, Hedon, Hull, East Riding Of Yorkshire, HU12 8DH£112,000£108,500-£3,50009 Oct 202319 Jan 2024102 Days
22 Bond Street, Hedon, Hull, East Riding Of Yorkshire, HU12 8NY£310,000£295,000-£15,00012 Apr 202312 Jan 2024275 Days
9 Watson Drive, Hedon, Hull, East Riding Of Yorkshire, HU12 8LU£240,000£236,000-£4,00016 Oct 202305 Jan 202481 Days
4 Manderville Close, Hedon, Hull, East Riding Of Yorkshire, HU12 8LT£130,000£120,000-£10,00003 Dec 202215 Dec 2023377 Days
4 Westlands Road, Hedon, Hull, East Riding Of Yorkshire, HU12 8BX£165,000£162,000-£3,00023 Aug 202323 Nov 202392 Days
18 Princes Avenue, Hedon, Hull, East Riding Of Yorkshire, HU12 8DH£115,000£103,000-£12,00025 Jul 202315 Nov 2023113 Days
4 Holcroft Garth, Hedon, Hull, East Riding Of Yorkshire, HU12 8LJ£145,000£144,000-£1,00019 Jun 202310 Nov 2023144 Days
18 Holcroft Garth, Hedon, Hull, East Riding Of Yorkshire, HU12 8LJ£200,000£200,000£0025 Apr 202327 Oct 2023185 Days
15 Waterland Close, Hedon, Hull, East Riding Of Yorkshire, HU12 8QE£185,000£180,000-£5,00004 Jul 202320 Oct 2023108 Days
32 Adeliza Garth, Hedon, Hull, East Riding Of Yorkshire, HU12 8NB£159,995£155,000-£4,99522 Jun 202318 Oct 2023118 Days
10 Holcroft Garth, Hedon, Hull, East Riding Of Yorkshire, HU12 8LJ£170,000£165,000-£5,00022 Nov 202206 Oct 2023318 Days
33 Greville Road, Hedon, Hull, East Riding Of Yorkshire, HU12 8DP£160,000£159,000-£1,00016 Feb 202329 Sep 2023225 Days
2 Ketwell Lane, Hedon, Hull, East Riding Of Yorkshire, HU12 8BW£127,500£125,000-£2,50015 Jun 202327 Sep 2023104 Days
69 Inmans Road, Hedon, Hull, East Riding Of Yorkshire, HU12 8NQ£80,000£79,000-£1,00006 May 202322 Sep 2023139 Days
2 Greville Road, Hedon, Hull, East Riding Of Yorkshire, HU12 8DP£170,000£167,000-£3,00015 Jun 202318 Sep 202395 Days
Flat 2, Thornbridge Court, Thorn Road, Hedon, Hull, East Riding Of Yorkshire, HU12 8GY£109,995£100,000-£9,99513 Jun 202214 Sep 2023458 Days
23 St Augustines Gate, Hedon, Hull, East Riding Of Yorkshire, HU12 8EU£145,000£137,000-£8,00009 Mar 202318 Aug 2023162 Days

Most Expensive Streets in Hedon

PostcodeStreetAreaAverageNo. of Sales
HU12 8HLThorn RoadHedon£381,3333
HU12 8JZCherry Tree LaneHedon£349,0004
HU12 8HSSt Nicholas GateHedon£332,1666
HU12 8BSNew RoadHedon£309,6005
HU12 8HNThorn RoadHedon£297,5003
HU12 8QGSt Michaels DriveHedon£297,1878
HU12 8JRSouttergateHedon£286,5004
HU12 8JBMarket HillHedon£283,6663
HU12 8NYBond StreetHedon£264,2147
HU12 8FTSouthfield CloseHedon£264,0003

Least Expensive Streets in Hedon

PostcodeStreetAreaAverageNo. of Sales
HU12 8HYSomerville CourtThorn Road£53,8333
HU12 8NFMagdalen CourtHedon£79,1586
HU12 8LLBrevere RoadHedon£82,3995
HU12 8NZDe Burton CourtHedon£86,3333
HU12 8FJBirch Tree DriveHedon£111,90911
HU12 8GYThornbridge CourtThorn Road£112,4874
HU12 8FHBirch Tree DriveHedon£112,64221
HU12 8DHPrinces AvenueHedon£115,1254
HU12 8NLInmans RoadHedon£115,6357
HU12 8GSBaildon CourtHedon£122,6005

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