Cave Street, Hull, HU5

Street Guide For Cave Street, Hull, HU5

 

Cave Street, Hull, HU5 Map

Estimated Price: £85,128
Average Asking Price: £119,867
Price change in last one year: £2,404
Average Price Paid: £53,666
Average Rent Rates: £529

 

Property Prices Breakdown in Cave Street, Hull, HU5

Average Price for property in Cave Street, Hull, HU5 is around £85,128 which varies based on type of property you are interested in and ranges from £71,144 for detached house to around £90,762 for semi-detached. Similarly terraced house is around £87,700 and a flat is worth £59,734. Values have been changing and have risen £171 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £421 in last 6 months, £2,404 in last 1 year, £4,024 in last 2 years, £6,617 in last 3 years, £6,715 in last 4 years and £3,886 in last 5 years.

Currently average asking price of a property in Cave Street, Hull, HU5 is around £119,867 based on approximately 3 properties for sale. Same is the case with rental options based on 238 properties up for rent, average asking rent is around £529 per month.

Estimated property value in Cave Street, Hull, HU5 is £85,128. Average asking price is £119,867 while average price paid is £52,666 which is up by £2,404 and Avg. asking rent £529.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 Cave Street, Hull, HU5 area. In last 1 year alone average price buyer paid is around £52,666 based on approximately 3 sales in Cave Street, Hull, HU5 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £54,600. 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 £53,666 for 6 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £63,333 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 1 bedroom is around £70,124, £85,821 for a 2 bedroom house, £121,170 for a 3 bedroom house, £164,045 for a 4 bedroom house and £258,152 for a 5 bedroom house. For a flat similarly the prices varies from £85,950 for a single bedroom to £83,912 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £125,000 and £79,950 for a 4 bedroom flat. To sum up the asking prices for properties in Cave Street, Hull, HU5 it comes to around average £78,916 for 1 bedroom property, £85,712 for 2 bedroom, £121,199 for 3 bedroom, £161,332 for 4 bedroom and £258,152 for a 5 bedroom property.

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 can vary from £410 for 1 bedroom to £427 for 2 bedrooms, £502 for 3 bedrooms, £381 for 4 bedrooms and £360 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £426. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £532, £475 for 3 bedroom and £1,733 for 5 bedroom. You should be generally be expecting around average £420 rent per month for single bedroom property, £448 for 2 bedroom, £500 for 3 bedroom, £381 for 4 bedroom and approximately £497 for a 5 bedroom property in Cave Street, Hull, HU5 area.

Popular Houses in Cave Street, Hull, HU5

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 Cave Street, Hull, HU5