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Hull Average House Price?

westv
westv Posts: 6,598 Forumite
Part of the Furniture 1,000 Posts Name Dropper
in House buying, renting & selling
Land Registry = £69,073 @ Jan 15
Rightmove = £104,207 - most current

Why such a huge percentage difference? I've not checked any other cities to see if there are similar differences.

Comments

  • westv
    westv Posts: 6,598 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Different coverage areas??
  • westernpromise
    westernpromise Posts: 4,833 Forumite
    Hull house price? About a fiver I'd guess.
  • westv
    westv Posts: 6,598 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    westernpromise wrote: »
    Hull house price? About a fiver I'd guess.
    Go forth and multiply. :D
  • phill99
    phill99 Posts: 9,092 Forumite
    Part of the Furniture 1,000 Posts
    westernpromise wrote: »
    Hull house price? About a fiver I'd guess.

    Lets not be hasty.
    Eat vegetables and fear no creditors, rather than eat duck and hide.
  • childminder87
    childminder87 Posts: 18 Forumite
    Tenth Anniversary 10 Posts Combo Breaker
    harsh. I would say it depends entirely on what you're looking for and which area. In some searches areas such as Hessle, Kirk Ella, Swanland, Beverley show up, while not strictly classed as Hull they are connurbations and bring the average house prices up significantly. My husband is a west Hull boy so considers himself quite posh compared to me who grew up on a council estate in North Hull. However, three years ago he conceded defeat and moved up to Kingswood with me just a bit further out than North Hull. The reason being, we bought a 3 bed end terrace with conservatory in a nice suburban area close to the retail/leisure parks for around the £110,000 mark... the same house in West Hull would have cost around £180,000. Pretty much all the new housing developments are concentrated in this area now so they're throwing up houses left right and centre and developing a "village" centre. East Hull prices tend to be a lot cheaper as no one really goes to East Hull unless they work on the docks, are catching the ferry or live there, the infrastructure isn't great as we're on the end of the M62. Those prices will bring an average down. I would think the best way would be look at houses currently on the market and what they're actually selling for now. Some of these sites can value postcodes high/low but ultimately it comes down to demand and what people are prepared to pay.
  • ReadingTim
    ReadingTim Posts: 4,087 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    1 - Current asking prices vs historic sold prices? (LR figures are either 3 or 6 months old, I can't remember which)

    2 - different geographic areas?

    3 - what does it matter?
  • davidmcn
    davidmcn Posts: 23,596 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    LR will be a wider selection of properties, so possibly includes right to buy discounts, auction sales, off-market sales, etc.
  • westv
    westv Posts: 6,598 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    davidmcn wrote: »
    LR will be a wider selection of properties, so possibly includes right to buy discounts, auction sales, off-market sales, etc.

    I didn't think the LR included those sales in their figures.
This discussion has been closed.
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