House Prices in Hull, City Of Kingston Upon Hull

# Hull Property Market Summary

Hull presents an exceptionally affordable property market, with an average price of £109,745 across 86,503 properties – significantly below the national average and making it one of England's most accessible markets for first-time buyers and investors. The market has demonstrated notable volatility over recent years, with annual average prices fluctuating considerably between £146,250 and £252,675. Following a peak in 2017, prices have generally trended downward, though recent figures show signs of stabilisation around the £170,000-£180,000 range. Transaction volumes have remained robust, with 2024 recording the highest number of sales (5,210), suggesting sustained market activity despite price fluctuations.

What distinguishes Hull is its remarkable affordability combined with steady transaction volumes, indicating a liquid market with genuine buyer demand. The city offers substantial value for money compared to much of the UK, particularly appealing to those priced out of southern markets. Whilst the price volatility may reflect ongoing regeneration efforts and economic adjustments in this historic port city, the consistent sales activity demonstrates Hull's enduring appeal as a practical and budget-conscious property destination in Yorkshire and the Humber region.