Housing Market Analysis for MERCHANTS DRIVE, HU16 5AQ

Are you looking to understand HU16 5AQ house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this East Riding of Yorkshire postcode.

For the location information and nearby amenities in the HU16 5AQ area, explore the HU16 5AQ Area information page.
For comprehensive crime statistics in the HU16 5AQ area, explore the HU16 5AQ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the HU16 5AQ postcode area, The average prices are as follows,

  • Detached
    • The average price is around £448,136 median price is £490,000 Standard Deviation is £135,283 with Total Sold: 7
    • The Last 5 Year average price is £553,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 1 MERCHANTS DRIVE: £617,000 (Sold on 30 Jun 2021)
    • The first recorded sale happened at this postcode is 1 MERCHANTS DRIVE: £565,000 (Sold on 04 Oct 2012)

Sold Price Trend Over the Years:

Below table and chart gives the average HU16 5AQ house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£617,000 £2,268 1
2019£490,000 £1,769 1
2018£400,000 £1,365 2
2015£170,000 £580 1
2013£494,950 £1,896 1
2012£565,000 £2,077 1

All the Sales in the MERCHANTS DRIVE, HU16 5AQ

See the table below for more details on the sold house prices in the HU16 5AQ, East Riding of Yorkshire postcode.

AddressSold DatePrice% Change
1 MERCHANTS DRIVEDetached, FreeholdArea: 272 Sq.mtrAge: 2007 onwards30 Jun 2021£617,0009.20%
04 Oct 2012£565,000First Sale
4 MERCHANTS DRIVEDetached, FreeholdArea: 277 Sq.mtr22 Feb 2019£490,000First Sale
2 MERCHANTS DRIVEDetached, FreeholdArea: 293 Sq.mtr26 Oct 2018£400,000135.29%
27 May 2015£170,000First Sale
PLOT 6 MERCHANTS DRIVEDetached, Freehold16 Feb 2018£400,000First Sale
5 MERCHANTS DRIVEDetached, FreeholdArea: 261 Sq.mtrAge: 2007 onwards29 Aug 2013£494,950First Sale

Check out the sold house prices near the HU16 5AQ postcode. Properties currently for saleProperties currently for rent

MERCHANTS DRIVE, HU16 5AQ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the HU16 5AQ postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the HU16 5AQ postcode.

  • Semi-Detached
    • The average price is around £164,511 median price is £169,725 Standard Deviation is £75,782 with Total Sold: 398
    • The Last 5 Year average price is £219,516 with Total Sold: 121
    • The most recent sale happened at this postcode is , 9 BEAUMONT GROVE: £216,500 (Sold on 29 Aug 2024)
    • The first recorded sale happened at this postcode is , 51 GREEN LANE: £76,500 (Sold on 20 Jan 1995)
  • Terraced
    • The average price is around £123,737 median price is £95,000 Standard Deviation is £84,761 with Total Sold: 83
    • The Last 5 Year average price is £135,566 with Total Sold: 37
    • The most recent sale happened at this postcode is , 91 EPPLEWORTH ROAD: £180,000 (Sold on 18 Jun 2024)
    • The first recorded sale happened at this postcode is , 1 RYDAL GROVE: £45,000 (Sold on 31 Mar 1995)
  • Detached
    • The average price is around £233,360 median price is £225,000 Standard Deviation is £126,724 with Total Sold: 457
    • The Last 5 Year average price is £337,038 with Total Sold: 159
    • The most recent sale happened at this postcode is , 17 EPPLEWORTH ROAD: £390,000 (Sold on 13 May 2024)
    • The first recorded sale happened at this postcode is , 23 LUND AVENUE: £107,500 (Sold on 13 Apr 1995)
  • Other
    • The average price is around £645,251 median price is £375,000 Standard Deviation is £623,406 with Total Sold: 5
    • The Last 5 Year average price is £712,814 with Total Sold: 4
    • The most recent sale happened at this postcode is , 37 JACK HARRISON AVENUE: £150,000 (Sold on 29 Oct 2020)
    • The first recorded sale happened at this postcode is , 55 WEST END ROAD: £375,000 (Sold on 06 Dec 2018)
  • Flat
    • The average price is around £139,495 median price is £142,495 Standard Deviation is £9,500 with Total Sold: 6
    • The Last 5 Year average price is £139,495 with Total Sold: 6
    • The most recent sale happened at this postcode is APARTMENT 2, 1 JACK HARRISON AVENUE: £123,995 (Sold on 06 Aug 2020)
    • The first recorded sale happened at this postcode is APARTMENT 6, 1 JACK HARRISON AVENUE: £148,995 (Sold on 31 Oct 2019)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£195,3624
2023£219,133 £2,817 15
2022£246,765 £2,769 23
2021£218,856 £2,415 28
2020£199,732 £2,531 33
2019£227,680 £2,524 18
2018£209,267 £2,152 15
2017£213,842 £2,109 12
2016£221,654 £1,994 13
2015£194,038 £2,113 13
2014£173,695 £1,854 10
2013£175,050 £1,817 10
2012£166,357 £1,793 7
2011£181,833 £1,808 9
2010£164,400 £1,646 5
2009£162,344 £1,916 8
2008£222,833 £1,500 6
2007£220,506 £1,737 8
2006£177,278 £1,623 16
2005£160,927 £1,751 13
2004£178,975 £1,681 6
2003£140,925 £1,547 12
2002£110,947 £913 15
2001£85,293 £873 15
2000£66,550 £744 9
1999£71,683 £620 21
1998£68,673 £584 13
1997£66,622 £660 16
1996£62,563 £580 15
1995£65,625 £570 10
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£185,000 £2,289 2
2023£330,000 £2,508 2
2022£112,059 £2,351 17
2021£102,250 £1,591 4
2020£139,268 £1,471 11
2019£140,000 £1,667 1
2018£161,833 £1,613 3
2017£157,750 £2,005 2
2016£255,000 £1,749 2
2015£151,000 £1,798 2
2013£151,000 £1,467 3
2012£127,500 £1,514 1
2011£123,000 £1,668 1
2010£162,000 £1,975 1
2009£133,483 £1,614 3
2008£170,175 £2,194 4
2007£120,000 £1,558 1
2005£126,000 £1,526 2
2003£102,650 £937 3
2002£54,725 £782 2
2001£57,550 £665 4
2000£47,167 £596 3
1998£51,5001
1997£72,6673
1996£40,0001
1995£56,000 £596 4
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£316,750 £2,325 4
2023£390,162 £2,965 20
2022£384,667 £2,993 24
2021£340,713 £2,658 48
2020£295,949 £2,588 42
2019£309,650 £2,489 21
2018£366,000 £2,541 12
2017£324,786 £2,108 7
2016£248,857 £2,355 7
2015£273,250 £1,821 8
2014£237,559 £1,965 11
2013£247,227 £1,874 13
2012£262,812 £2,262 8
2011£199,929 £1,962 7
2010£198,106 £1,756 9
2009£274,591 £1,617 5
2008£246,600 £1,788 5
2007£201,231 £1,651 11
2006£232,172 £1,976 16
2005£235,444 £2,054 8
2004£218,759 £1,811 17
2003£201,291 £1,524 12
2002£154,640 £1,220 15
2001£111,160 £1,006 15
2000£111,350 £833 10
1999£95,250 £797 14
1998£86,835 £710 21
1997£98,494 £988 16
1996£96,319 £881 31
1995£98,964 £908 20
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£772,418 £4,600 3
2019£534,000 £9,207 1
2018£375,000 £2,641 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£134,745 £2,263 4
2019£148,995 £2,443 2

House Type in HU16 5AQ area

The most common house types in the HU16 5AQ postcode area are Detached (74), Semi-detached (41), and Terraced (24).

Total158
Detached74
Semi-detached41
Terraced24
Flat10
temporary structure7
Shared house1
commercial building1
converted building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (83), and Owned: Owns with a mortgage or loan (41).

Owned: Owns outright83
Owned: Owns with a mortgage or loan41
Private rented: Private landlord or letting agency13
Private rented: Other private rented10
Social rented: Other social rented7
Social rented: Rents from council or Local Authority2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the HU16 5AQ have 2 people in household (72), and 1 person in household (43).

2 people in household72
1 person in household43
3 people in household20
4 people in household17
5 people in household5
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0