Western Gailes Way, Hull, HU8

Street Guide For Western Gailes Way, Hull, HU8

 

Western Gailes Way, Hull, HU8 Map

Estimated Price: £201,893
Average Asking Price: £128,439
Price change in last one year: £7,580
Average Price Paid: £151,460
Average Rent Rates: £602

 

Property Prices Breakdown in Western Gailes Way, Hull, HU8

Average Price for property in Western Gailes Way, Hull, HU8 is around £201,893 which varies based on type of property you are interested in and ranges from £214,870 for detached house to around £158,859 for semi-detached. Similarly terraced house is around £180,639. Values have been changing and have risen £488 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £334 in last 6 months, £7,580 in last 1 year, £11,702 in last 2 years, £18,053 in last 3 years, £13,843 in last 4 years and £11,500 in last 5 years.

Currently average asking price of a property in Western Gailes Way, Hull, HU8 is around £128,439 based on approximately 3 properties for sale. Same is the case with rental options based on 84 properties up for rent, average asking rent is around £602 per month.

Estimated property value in Western Gailes Way, Hull, HU8 is £201,893. Average asking price is £128,439 while average price paid is £132,666 which is up by £7,580 and Avg. asking rent £602.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 Western Gailes Way, Hull, HU8 area. In last 1 year alone average price buyer paid is around £132,666 based on approximately 3 sales in Western Gailes Way, Hull, HU8 area alone. If you compare it to last 3 years sales of 16 properties where buyers paid around £149,246. 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 £151,460 for 28 and average amount paid for purchase of approx. 37 properties sold in last 7 years comes to about £153,657 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 £81,457, £117,510 for a 3 bedroom house, £177,460 for a 4 bedroom house and £212,475 for a 5 bedroom house. For a flat the prices of single bedroom is £81,950. To sum up the asking prices for properties in Western Gailes Way, Hull, HU8 it comes to around average £81,950 for 1 bedroom property, £81,457 for 2 bedroom, £117,510 for 3 bedroom, £177,460 for 4 bedroom and £212,475 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 £375 for 1 bedroom to £392 for 2 bedroom, £483 for 3 bedroom and £592 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £333. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £378. You should be generally be expecting around average £345 rent per month for single bedroom property, £389 for 2 bedroom, £483 for 3 bedroom and approximately £592 for 4 bedroom property in Western Gailes Way, Hull, HU8 area.

Popular Houses in Western Gailes Way, Hull, HU8

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 Western Gailes Way, Hull, HU8