Chapel Lane, Ottringham, Hull, HU12

Street Guide For Chapel Lane, Ottringham, Hull, HU12

 

Chapel Lane, Ottringham, Hull, HU12 Map

Estimated Price: £127,722
Average Asking Price: £193,639
Price change in last one year: £5,155
Average Price Paid: £213,500
Average Rent Rates: £797

 

Property Prices Breakdown in Chapel Lane, Ottringham, Hull, HU12

Average Price for property in Chapel Lane, Ottringham, Hull, HU12 is around £127,722 which varies based on type of property you are interested in and ranges from £166,316 for detached house to around £173,028 for semi-detached. Similarly terraced house is around £87,787. Values have been changing and have risen £192 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £798 in last 6 months, £5,155 in last 1 year, £7,493 in last 2 years, £9,903 in last 3 years, £9,019 in last 4 years and £6,230 in last 5 years.

Currently average asking price of a property in Chapel Lane, Ottringham, Hull, HU12 is around £193,639 based on approximately 1 properties for sale. Same is the case with rental options based on 33 properties up for rent, average asking rent is around £797 per month.

Estimated property value in Chapel Lane, Ottringham, Hull, HU12 is £127,722. Average asking price is £193,639 while average price paid is £213,500 which is up by £5,155 and Avg. asking rent £797.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 Chapel Lane, Ottringham, Hull, HU12 area. In last 1 year alone average price buyer paid is around £213,500 based on approximately 1 sales in Chapel Lane, Ottringham, Hull, HU12 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £213,500. 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 £213,500 for 1 and average amount paid for purchase of approx. 1 properties sold in last 7 years comes to about £213,500 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 £69,950, £108,372 for a 2 bedroom house, £148,490 for a 3 bedroom house, £244,091 for a 4 bedroom house and £388,536 for a 5 bedroom house. For a flat the prices of 2 bedroom is £90,560. To sum up the asking prices for properties in Chapel Lane, Ottringham, Hull, HU12 it comes to around average £69,950 for 1 bedroom property, £106,088 for 2 bedroom, £148,490 for 3 bedroom, £244,091 for 4 bedroom and £388,536 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 £467 for 2 bedroom to £606 for 3 bedroom, £477 for 4 bedroom and £598 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £361. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £436. You should be generally be expecting around average £361 rent per month for single bedroom property, £461 for 2 bedroom, £606 for 3 bedroom, £477 for 4 bedroom and approximately £598 for a 5 bedroom property in Chapel Lane, Ottringham, Hull, HU12 area.

Popular Houses in Chapel Lane, Ottringham, Hull, HU12

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 Chapel Lane, Ottringham, Hull, HU12