Mulberry Lane, New Ellerby, Hull, HU11

Street Guide For Mulberry Lane, New Ellerby, Hull, HU11

 

Mulberry Lane, New Ellerby, Hull, HU11 Map

Estimated Price: £295,655
Average Asking Price: £173,534
Price change in last one year: £10,370
Average Price Paid: £128,750
Average Rent Rates: £525

 

Property Prices Breakdown in Mulberry Lane, New Ellerby, Hull, HU11

Average Price for property in Mulberry Lane, New Ellerby, Hull, HU11 is around £295,655 which varies based on type of property you are interested in and ranges from £443,751 for detached house to around £210,947 for semi-detached. Similarly terraced house is around £115,868. Values have been changing and have risen £4,282 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,842 in last 6 months, £10,370 in last 1 year, £17,602 in last 2 years, £13,594 in last 3 years, £9,551 in last 4 years and £18,819 in last 5 years.

Currently average asking price of a property in Mulberry Lane, New Ellerby, Hull, HU11 is around £173,534 based on approximately 1 properties for sale. Same is the case with rental options based on 5 properties up for rent, average asking rent is around £525 per month.

Estimated property value in Mulberry Lane, New Ellerby, Hull, HU11 is £295,655. Average asking price is £173,534 while average price paid is £120,000 which is up by £10,370 and Avg. asking rent £525.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 Mulberry Lane, New Ellerby, Hull, HU11 area. In last 1 year alone average price buyer paid is around £120,000 based on approximately 1 sales in Mulberry Lane, New Ellerby, Hull, HU11 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £128,750. 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 £128,750 for 2 and average amount paid for purchase of approx. 1 properties sold in last 7 years comes to about £120,000 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 £121,219, £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 Mulberry Lane, New Ellerby, Hull, HU11 it comes to around average £116,633 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 Mulberry Lane, New Ellerby, Hull, HU11 area.

Popular Houses in Mulberry Lane, New Ellerby, 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 Mulberry Lane, New Ellerby, Hull, HU11