Drapers Lane, Hedon, Hull, HU12

Street Guide For Drapers Lane, Hedon, Hull, HU12

 

Drapers Lane, Hedon, Hull, HU12 Map

Estimated Price: £94,749
Average Asking Price: £198,199
Price change in last one year: £3,826
Average Price Paid: £84,500
Average Rent Rates: £808

 

Property Prices Breakdown in Drapers Lane, Hedon, Hull, HU12

Average Price for property in Drapers Lane, Hedon, Hull, HU12 is around £94,749 e.g. average price for terraced house is around 94,749. Values have been changing and have risen £141 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £591 in last 6 months, £3,826 in last 1 year, £5,562 in last 2 years, £7,351 in last 3 years, £6,696 in last 4 years and £4,627 in last 5 years.

Currently average asking price of a property in Drapers Lane, Hedon, Hull, HU12 is around £198,199 based on approximately 0 properties for sale. Same is the case with rental options based on 32 properties up for rent, average asking rent is around £808 per month.

Estimated property value in Drapers Lane, Hedon, Hull, HU12 is £94,749. Average asking price is £198,199 while average price paid is £84,500 which is up by £4,627 and Avg. asking rent £808.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 Drapers Lane, Hedon, Hull, HU12 area. In last 5 years alone average price buyer paid is around £84,500 based on approximately 1 sales in Drapers Lane, Hedon, Hull, HU12 area alone. If you compare it to last 7 years sales of 3 properties where buyers paid around £93,766.

 
 

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 Drapers Lane, Hedon, 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 Drapers Lane, Hedon, Hull, HU12 area.

Popular Houses in Drapers Lane, Hedon, 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 Drapers Lane, Hedon, Hull, HU12