According to the public record, Apartment 41, 12, Spring Street, Hull is a modern leasehold apartment with 731 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 12, Spring Street, Hull, HU2.
Spring Street, Hull, HU2 is located within the HU2 postal district.
Apartment 41, 12, Spring Street, Hull has a single entry in the Land Registry database from April 2008 and a single entry in the EPC database dated December 2020.
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 Apartment 41 12 Spring Street Hull as £88,120 and the rental value as £465 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Apartment 41 12 Spring Street Hull has decreased by £26 (0.0%) 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 Apartment 41, 12, Spring Street, Hull is in very good condition we estimate a sale value of £92,526 and rental value of £488 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £81,952 and a rental value of £432 per month.
If you were able to purchase this property for the estimated value of £88,120, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £433 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, Apartment 41, 12, Spring Street, Hull was last sold on 09 Apr 2008 for £122,300 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2008, the market for similar properties has dropped 1.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 41, 12, Spring Street, Hull within a radius of 540 metres over the last 2 years.
The most recent example is Apartment 6, 12, Spring Street, Hull, HU2 8RD, a Leasehold flat which sold for £65,000 in Feb 2017.
Read more about house prices in HU2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spring Street, Hull, HU2 has a total of 81 addresses. According to our analysis of all the public data, Apartment 41, 12, Spring Street, Hull is the 33rd largest and the 31st most expensive property on the street.
When compared to the postcode district it is £6k less expensive than the average property in HU2.
Apartment 41, 12, Spring Street, Hull has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Dec 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Apartment 41, 12, Spring Street, Hull is Hull station which is 500 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 Apartment 41, 12, Spring Street, Hull, 58.0% of property is socially rented and 23.2% is privately 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 Apartment 41, 12, Spring Street, Hull, 16.7% of residents are recorded as possessing school level qualifications and 13.1% 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 Apartment 41, 12, Spring Street, Hull, the average age was 37.4 and the most common age was 27.
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 Apartment 41, 12, Spring Street, 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 Apartment 41, 12, Spring Street, Hull, there are an average of 0.4 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.