Reed Street, Hull, HU2

Street Guide For Reed Street, Hull, HU2

 

Reed Street, Hull, HU2 Map

Estimated Price: £114,609
Average Asking Price: £280,746
Price change in last one year: £2,339
Average Price Paid: £51,000
Average Rent Rates: £662

 

Property Prices Breakdown in Reed Street, Hull, HU2

Average Price for property in Reed Street, Hull, HU2 is around £114,609 which varies based on type of property you are interested in and ranges from £133,552 for terraced house to around £113,932 for a flat. Values have been changing and have risen £418 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £881 in last 6 months, £2,339 in last 1 year, £5,046 in last 2 years, £7,597 in last 3 years, £5,548 in last 4 years and £4,452 in last 5 years.

Currently average asking price of a property in Reed Street, Hull, HU2 is around £280,746 based on approximately 1 properties for sale. Same is the case with rental options based on 37 properties up for rent, average asking rent is around £662 per month.

Estimated property value in Reed Street, Hull, HU2 is £114,609. Average asking price is £280,746 while average price paid is £51,000 which is up by £2,339 and Avg. asking rent £662.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 Reed Street, Hull, HU2 area. In last 1 year alone average price buyer paid is around £51,000 based on approximately 1 sales in Reed Street, Hull, HU2 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £51,000. 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 £51,000 for 1 and average amount paid for purchase of approx. 1 properties sold in last 7 years comes to about £51,000 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 3 bedroom is around £134,950. For a flat similarly the prices varies from £82,917 for a single bedroom to £111,134 for a 2 bedroom Flat. To sum up the asking prices for properties in Reed Street, Hull, HU2 it comes to around average £82,917 for 1 bedroom property, £111,134 for 2 bedroom and £134,950 for 3 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 £443 for 1 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £448. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £507 and £425 for 3 bedroom. You should be generally be expecting around average £446 rent per month for single bedroom property, £507 for 2 bedroom and approximately £425 for 3 bedroom property in Reed Street, Hull, HU2 area.

Popular Houses in Reed Street, Hull, HU2

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 Reed Street, Hull, HU2