According to the public record, 167, Spring Bank, Hull is a period Leasehold apartment with 563 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 167, Spring Bank, Hull, HU3.
Spring Bank, Hull, HU3 is located within the HU3 postal district.
167, Spring Bank, Hull has a single entry in the Land Registry database from August 2022 and a single entry in the EPC database dated November 2010.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 167 Spring Bank Hull as £113,510 and the rental value as £466 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 167 Spring Bank Hull has decreased by £249 (0.2%) and its rental value has increased by £27 per month (5.8%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 167, Spring Bank, Hull is in very good condition we estimate a sale value of £119,185 and rental value of £489 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £105,564 and a rental value of £433 per month.
If you were able to purchase this property for the estimated value of £113,510, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £558 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 167, Spring Bank, Hull was last sold on 30 Aug 2022 for £115,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2022, the market for similar properties has dropped 1.4%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 440 metres radius of 167, Spring Bank, Hull over the last 2 years.
The most recent example is 159, Spring Bank, Hull, HU3 1BN, a Freehold house which sold for £81,000 in Apr 2023.
Read more about house prices in HU3.
Spring Bank, Hull, HU3 has a total of 294 addresses. According to our analysis of all the public data, 167, Spring Bank, Hull is the 158th largest and the 93rd most expensive property on the street.
When compared to the postcode district it is £20k more expensive than the average property in HU3.
167, Spring Bank, Hull has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Nov 2010.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 167, Spring Bank, Hull is Hull station which is 900 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 167, Spring Bank, Hull, 43.6% of property is privately rented and 32.9% is socially rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 167, Spring Bank, Hull, 14.5% of residents are recorded as possessing school level qualifications and 25.3% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 167, Spring Bank, Hull, the average age was 36.6 and the most common age was 32.
The graph below shows how this compares to Yorkshire and The Humber and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 167, Spring Bank, Hull, 0.0% of property was a second home.
Comparison figures for Yorkshire and The Humber and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 167, Spring Bank, Hull, there are an average of 0.5 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.