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According to the public record, Flat 2, 1, Reed Street, Hull is a modern leasehold apartment with 452 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 1, Reed Street, Hull is £100,640 and the estimated rental value is £678 per month.
The apartment is within 1, Reed Street, Hull, HU2.
Reed Street, Hull, HU2 is located within the HU2 postal district.
Flat 2, 1, Reed Street, Hull has a single entry in the Land Registry from June 2007 and a single entry in the EPC database dated April 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
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 Flat 2, 1, Reed Street, Hull is in very good condition we estimate a sale value of £105,672 and a rental value of £712 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £93,595 and a rental value of £630 per month.
Over the last 12 months the sale value of Flat 2 1 Reed Street Hull has decreased by an estimated £1,206 (1.2%) and its rental value has increased by an estimated £20 per month (2.9%), giving an expected gross yield of 8.1%.
Flat 2, 1, Reed Street, Hull has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Apr 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, electric.
According to HM Land Registry, Flat 2, 1, Reed Street, Hull was last sold on 15th June 2007 for £121,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2007, the market for similar properties has dropped 9.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 1, Reed Street, Hull within a radius of 460 metres over the last 2 years.
The most recent example is Flat 15, Baker Street Central 21, Baker Street, Hull, HU2 8HE, a leasehold flat which sold for £63,000 on the 14th December 2023.
Read more about house prices in HU2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Reed Street, Hull, HU2 has a total of 32 addresses. According to our analysis of all the public data, Flat 2, 1, Reed Street, Hull is the 22nd largest and the 28th most expensive property on the street.
When compared to the postcode district it is £2k less expensive than the average property in HU2.
The closest station to Flat 2, 1, Reed Street, Hull is Hull station which is 500 metres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
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 Flat 2, 1, Reed Street, Hull, % of property is and % is .
The graph below shows how this compares to Yorkshire and The Humber 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 Flat 2, 1, Reed Street, Hull, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 Flat 2, 1, Reed 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 Flat 2, 1, Reed Street, Hull, there are an average of 0.0 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.