According to the public record, 40, First Lane, Hessle is a modern freehold house with 520 ft2 of internal area and sits on a 263 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
First Lane, Hessle, HU13 is located within the HU13 postal district.
40, First Lane, Hessle has a single entry in the Land Registry database from March 2018 and a single entry in the EPC database dated January 2009.
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 40 First Lane Hessle as £91,487 and the rental value as £545 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 40 First Lane Hessle has decreased by £612 (0.7%) and its rental value has increased by £25 per month (4.6%).
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 40, First Lane, Hessle is in very good condition we estimate a sale value of £96,061 and rental value of £572 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £85,083 and a rental value of £507 per month.
If you were able to purchase this property for the estimated value of £91,487, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £450 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 data from HM Land Registry, 40, First Lane, Hessle sits on a plot of 263m2.
We have plot size data on 14 out of 21 other houses in the postcode and 40, First Lane, Hessle sits on the largest plot.
According to HM Land Registry, 40, First Lane, Hessle was last sold on 23 Mar 2018 for £215,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2018, the market for similar properties has risen 19.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, First Lane, Hessle within a radius of 530 metres over the last 2 years.
The most recent example is 41, Edward Street, Hessle, HU13 9ND, a Freehold house which sold for £78,000 in Jan 2024.
Read more about house prices in HU13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
First Lane, Hessle, HU13 has a total of 161 addresses. According to our analysis of all the public data, 40, First Lane, Hessle is the 159th largest and the 154th most expensive property on the street.
When compared to the postcode district it is £119k less expensive than the average property in HU13.
40, First Lane, Hessle has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Jan 2009.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 40, First Lane, Hessle is Hessle station which is 1.6 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 40, First Lane, Hessle, 48.7% of property is privately owned with a mortgage and 31.8% 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 40, First Lane, Hessle, 18.7% of residents are recorded as possessing school level qualifications and 31.3% 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 40, First Lane, Hessle, the average age was 43.1 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 40, First Lane, Hessle, 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 40, First Lane, Hessle, there are an average of 1.4 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.