Balk Lane, Arnold, Hull, HU11

Street Guide For Balk Lane, Arnold, Hull, HU11

 

Balk Lane, Arnold, Hull, HU11 Map

Estimated Price: £280,669
Average Asking Price: £207,325
Price change in last one year: £8,454
Average Price Paid: £289,983
Average Rent Rates: £622

 

Property Prices Breakdown in Balk Lane, Arnold, Hull, HU11

Average Price for property in Balk Lane, Arnold, Hull, HU11 is around £280,669 e.g. average price for detached house is around 280,669. Values have been changing and have risen £1,535 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,046 in last 6 months, £8,454 in last 1 year, £12,378 in last 2 years, £19,193 in last 3 years, £15,455 in last 4 years and £11,706 in last 5 years.

Currently average asking price of a property in Balk Lane, Arnold, Hull, HU11 is around £207,325 based on approximately 2 properties for sale. Same is the case with rental options based on 2 properties up for rent, average asking rent is around £622 per month.

Estimated property value in Balk Lane, Arnold, Hull, HU11 is £280,669. Average asking price is £207,325 while average price paid is £219,975 which is up by £8,454 and Avg. asking rent £622.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Balk Lane, Arnold, Hull, HU11 area. In last 1 year alone average price buyer paid is around £219,975 based on approximately 2 sales in Balk Lane, Arnold, Hull, HU11 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £289,983. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £289,983 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £289,983 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £124,411, £166,283 for a 3 bedroom house, £250,269 for a 4 bedroom house and £457,483 for a 5 bedroom house. For a flat the prices of 2 bedroom is £79,950. To sum up the asking prices for properties in Balk Lane, Arnold, Hull, HU11 it comes to around average £119,965 for 2 bedroom property, £166,283 for 3 bedroom, £250,269 for 4 bedroom and £457,483 for 5 bedroom.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it is £622 for 3 bedroom. You should be generally be expecting around average £622 rent per month for 3 bedroom property in Balk Lane, Arnold, Hull, HU11 area.

Popular Houses in Balk Lane, Arnold, Hull, HU11

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Balk Lane, Arnold, Hull, HU11