Spring Bank West, Hull, HU3

Street Guide For Spring Bank West, Hull, HU3

 

Spring Bank West, Hull, HU3 Map

Estimated Price: £115,534
Average Asking Price: £97,558
Price change in last one year: £4,202
Average Price Paid: £88,260
Average Rent Rates: £573

 

Property Prices Breakdown in Spring Bank West, Hull, HU3

Average Price for property in Spring Bank West, Hull, HU3 is around £115,534 which varies based on type of property you are interested in and ranges from £78,881 for detached house to around £129,112 for semi-detached. Similarly terraced house is around £115,975 and a flat is worth £60,362. Values have been changing and have risen £11 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £294 in last 6 months, £4,202 in last 1 year, £7,065 in last 2 years, £10,097 in last 3 years, £7,865 in last 4 years and £8,053 in last 5 years.

Currently average asking price of a property in Spring Bank West, Hull, HU3 is around £97,558 based on approximately 3 properties for sale. Same is the case with rental options based on 170 properties up for rent, average asking rent is around £573 per month.

Estimated property value in Spring Bank West, Hull, HU3 is £115,534. Average asking price is £97,558 while average price paid is £68,333 which is up by £4,202 and Avg. asking rent £573.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 Spring Bank West, Hull, HU3 area. In last 1 year alone average price buyer paid is around £68,333 based on approximately 3 sales in Spring Bank West, Hull, HU3 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £80,320. 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 £88,260 for 20 and average amount paid for purchase of approx. 27 properties sold in last 7 years comes to about £91,098 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 £57,500, £81,087 for a 2 bedroom house, £92,761 for a 3 bedroom house, £107,335 for a 4 bedroom house and £190,400 for a 5 bedroom house. For a flat similarly the prices varies from £47,790 for a single bedroom to £68,743 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £84,975. To sum up the asking prices for properties in Spring Bank West, Hull, HU3 it comes to around average £48,673 for 1 bedroom property, £80,002 for 2 bedroom, £92,564 for 3 bedroom, £107,335 for 4 bedroom and £190,400 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 £321 for 1 bedroom to £385 for 2 bedrooms, £469 for 3 bedrooms, £553 for 4 bedrooms and £351 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £320. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £384 and £475 for 3 bedroom. You should be generally be expecting around average £320 rent per month for single bedroom property, £385 for 2 bedroom, £470 for 3 bedroom, £553 for 4 bedroom and approximately £351 for a 5 bedroom property in Spring Bank West, Hull, HU3 area.

Popular Houses in Spring Bank West, Hull, HU3

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 Spring Bank West, Hull, HU3