According to the public record, 17, Banks Drive, Hessle is a mid-century freehold house with 613 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Banks Drive, Hessle, HU13 is located within the HU13 postal district.
17, Banks Drive, Hessle has a single entry in the Land Registry database from August 2022 and a single entry in the EPC database dated July 2022.
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 17 Banks Drive Hessle as £192,144 and the rental value as £824 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 17 Banks Drive Hessle has decreased by £2,517 (1.3%) and its rental value has increased by £33 per month (4.0%).
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 17, Banks Drive, Hessle is in very good condition we estimate a sale value of £201,751 and rental value of £865 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £178,694 and a rental value of £766 per month.
If you were able to purchase this property for the estimated value of £192,144, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £944 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, 17, Banks Drive, Hessle was last sold on 26 Aug 2022 for £179,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2022, the market for similar properties has dropped 4.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 17, Banks Drive, Hessle within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 16, Banks Drive, Hessle, HU13 0SZ, a Freehold house which sold for £174,000 in Aug 2022.
Read more about house prices in HU13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Banks Drive, Hessle, HU13 has a total of 21 addresses. According to our analysis of all the public data, 17, Banks Drive, Hessle is the 19th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £18k less expensive than the average property in HU13.
17, Banks Drive, Hessle has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Jul 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 17, Banks Drive, Hessle is Hessle station which is 1.5 kilometres 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 17, Banks Drive, Hessle, 48.8% of property is privately owned with a mortgage and 41.8% is privately owned outright.
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 17, Banks Drive, Hessle, 14.8% of residents are recorded as possessing school level qualifications and 34.5% 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 17, Banks Drive, Hessle, the average age was 44.6 and the most common age was 57.
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 17, Banks Drive, Hessle, 1.4% 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 17, Banks Drive, Hessle, there are an average of 1.8 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.