HU4 (Hull) area guide

HU4
Hull
The HU4 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Anlaby, Anlaby Common, Anlaby Park, Boothferry, Drypool, Gipsyville, Hull, Newington, Pickering, Tranby.
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Notes:

A Mouseprice property guide for HU4 Hull is coming soon. In the meantime, please have a look at the raw data and statistics about HU4 that can be found by click the relevant links on the left hand side.

Old area guide:

The commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date. We recommend disregarding these comments in favour of the data that can be found either above or in the other sections of this website.

Market trends:

Kingston upon Hull propertyThe size of the property market in HU4 is 10142 homes.

Kingston upon Hull propertyGiven that the nominal growth rate in this postcode district (HU4) has been about 14.3% over the last 5 years, it would be reasonable to assume that this isa dynamic local economy and housing market. Property price growth in this area has significantly exceeded growth in earnings and the national average house price growth, and so the likelihood of it continuing will be dependent upon price earnings ratio, as well as investment by developers and local authorities in continually upgrading local infrastructure, schools, in addition to the continued strength of the local and national economies and any other economies upon which the area depends.

Kingston upon Hull propertyOver the last 3 months, the average property value for this postcode district has been £99801.

Kingston upon Hull propertyPrice earnings ratio is an indicator of the affordability of property for someone on the average salary in the area. Price Earnings Ratio in this postcode district is 4. These areas often represent opportunities for substantial property price appreciation. It suggests that a number of people have moved into an area who bring with them spending power to renovate old housing stock as well as increases in property prices as demand increases once gentrification has begun.

Kingston upon Hull propertyNew transactions as a percentage of overall sales are 11.6%.

Housing stock:

Hull propertyThe most readily available type of property in the area are Terraced Houses, making up 44.6% of the total.

Hull propertyThe least common type of property in this area is Detached Houses (6.3% of the total housing stock).

Hull propertyA high proportion of property in this area is socially rented.

Hull propertyThe majority of property in this area is owner occupied.

Hull propertyThe average price of a two bed property in this area is £103896, significantly less then the national average of £187894.

Who lives here:

Hull propertyThe population of this postcode district is 22463.
Hull propertyThe average age in this area is 39.
Hull propertyThis area has a high percentage of married people at 26.9%.
Hull propertyAverage working hours in this area for men are 42 and for women are 29.
Hull propertyThis area has 34.7 people per square kilometre.
Hull propertyThe largest source of work in this area is Health & Social Work (22.9% of workers), followed by Wholesale & Retail (20.1%).

This area has historically been dominated by council properties. However, a few years ago, the council began an extensive refurbishment program and subsequently disposed of much of the housing stock in the area. The Askew Avenue area in particular has seen substantial demolition and replacement of old properties with newer council ones over the last few years. The area enjoys easy access to the town centre, being near the Park and Ride at Priory Park, Hessle.