Flat B, 31
Flat B, 31
Description & Estimates
Public records show Flat B, 31, Bishop Lane, Hull to be a period leasehold apartment with 538 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat B, 31, Bishop Lane, Hull has an estimated sale value of £50,815 and an estimated rental value of £475 per month, assuming reasonable condition and based on the information available.
The apartment sits within 31, Bishop Lane, Hull, HU1.
Bishop Lane, Hull, HU1 lies within the HU1 postal district.
Our Data Sources
Flat B, 31, Bishop Lane, Hull has 2 entries in the Land Registry , most recently in December 2019 and a single entry in the EPC database dated October 2019.
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.
Price Range & Condition
In very good condition, we estimate Flat B, 31, Bishop Lane, Hull would be worth £53,355, with a potential rental value of £499 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £47,258, with a rental value of £442 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat B, 31, Bishop Lane, Hull has declined by £385 (0.8%) over the last year. During the same period, its estimated monthly rental value has climbed by £16 (3.4%). The property's estimated gross yield is currently 11.2%.
Energy Efficiency
Flat B, 31, Bishop Lane, Hull has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Oct 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat B, 31, Bishop Lane, Hull last changed hands on 20th December 2019, selling for £50,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 27.8% since December 2019.
- Sold Dec 2019£50,000
- Sold Jul 2015£42,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 520 metres of Flat B, 31, Bishop Lane, Hull across the last 2 years.
Most recently, Flat A, 31, Bishop Lane, Hull, HU1 1PA, a leasehold flat, sold at £43,000 on the 11th August 2021.
Read more about house prices in HU1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat B, 31, Bishop Lane, Hull as the 24th largest and the 32nd most expensive of the 46 addresses on Bishop Lane, Hull, HU1.
Against the HU1 postcode district average, it is £52k less expensive than the typical property.
More reading links
Schools Nearby
- 500mVictoria Dock Primary School
- 1.2kmSt Charles Voluntary Catholic Academy
- 1.4kmClifton Primary School
- 700mRon Dearing UTC
- 1.8kmHull Trinity House Academy
- 2.6kmThe Boulevard Academy
More reading links
Public Transport Nearby
Hull station is the nearest stop to Flat B, 31, Bishop Lane, Hull at 1.0 kilometres away.
- 1.0kmHull
- 5.0kmNew Holland
- 6.5kmBarrow Haven
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a medium risk of flooding.
