Flanders Red, Hull, HU7

Street Guide For Flanders Red, Hull, HU7

 

Flanders Red, Hull, HU7 Map

Estimated Price: £149,651
Average Asking Price: £135,304
Price change in last one year: £3,712
Average Price Paid: £127,650
Average Rent Rates: £833

 

Property Prices Breakdown in Flanders Red, Hull, HU7

Average Price for property in Flanders Red, Hull, HU7 is around £149,651 which varies based on type of property you are interested in and ranges from £180,508 for detached house to around £154,474 for semi-detached. Similarly terraced house is around £142,453 and a flat is worth £108,845. Values have been changing and have risen £697 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,730 in last 6 months, £3,712 in last 1 year, £7,423 in last 2 years, £12,582 in last 3 years, £11,057 in last 4 years and £8,837 in last 5 years.

Currently average asking price of a property in Flanders Red, Hull, HU7 is around £135,304 based on approximately 2 properties for sale. Same is the case with rental options based on 70 properties up for rent, average asking rent is around £833 per month.

Estimated property value in Flanders Red, Hull, HU7 is £149,651. Average asking price is £135,304 while average price paid is £120,000 which is up by £3,712 and Avg. asking rent £833.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 Flanders Red, Hull, HU7 area. In last 1 year alone average price buyer paid is around £120,000 based on approximately 2 sales in Flanders Red, Hull, HU7 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £123,583. 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 £127,650 for 10 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £129,457 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 £87,000, £100,585 for a 2 bedroom house, £120,119 for a 3 bedroom house, £204,404 for a 4 bedroom house and £238,033 for a 5 bedroom house. For a flat similarly the prices varies from £82,205 for a single bedroom to £90,543 for a 2 bedroom Flat. To sum up the asking prices for properties in Flanders Red, Hull, HU7 it comes to around average £82,804 for 1 bedroom property, £99,104 for 2 bedroom, £120,119 for 3 bedroom, £204,404 for 4 bedroom and £238,033 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 £412 for 1 bedroom to £459 for 2 bedroom, £545 for 3 bedroom and £814 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £433. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £477. You should be generally be expecting around average £422 rent per month for single bedroom property, £460 for 2 bedroom, £546 for 3 bedroom and approximately £814 for 4 bedroom property in Flanders Red, Hull, HU7 area.

Popular Houses in Flanders Red, Hull, HU7

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 Flanders Red, Hull, HU7