Housing Market Analysis for PARK LANE, HU16 5RD

Are you looking to understand HU16 5RD 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 5RD area, explore the HU16 5RD Area information page.
For comprehensive crime statistics in the HU16 5RD area, explore the HU16 5RD Crime Rates page.

Overview of Sold House prices

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

Terraced
- The average price is around £162,029 median price is £165,000 Standard Deviation is £52,397 with Total Sold: 17
- The Last 5 Year average price is £208,857 with Total Sold: 7
- The most recent sale happened at this postcode is 12 PARK LANE: £250,000 (Sold on 29 Nov 2023)
- The first recorded sale happened at this postcode is 4 PARK LANE: £54,500 (Sold on 30 Oct 1998)
Detached
- The average price is around £148,857 median price is £159,000 Standard Deviation is £57,400 with Total Sold: 7
- The Last 5 Year average price is £150,000 with Total Sold: 1
- The most recent sale happened at this postcode is 38 PARK LANE: £150,000 (Sold on 19 Oct 2022)
- The first recorded sale happened at this postcode is 22 PARK LANE: £60,000 (Sold on 04 Apr 1996)
Semi-Detached
- The average price is around £142,119 median price is £157,250 Standard Deviation is £80,578 with Total Sold: 8
- The Last 5 Year average price is £226,500 with Total Sold: 2
- The most recent sale happened at this postcode is 26 PARK LANE: £190,000 (Sold on 17 Feb 2022)
- The first recorded sale happened at this postcode is 30 PARK LANE: £59,950 (Sold on 29 Mar 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average HU16 5RD 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£250,000		2
2022	£235,000	£2,238	1
2021	£185,500	£1,979	2
2019	£178,000	£1,753	2
2017	£172,500	£1,643	1
2016	£165,000	£1,719	1
2014	£132,500	£1,380	1
2013	£160,000	£1,569	1
2008	£155,000		1
2005	£134,500	£1,347	2
2003	£92,000	£909	2
1998	£54,500	£568	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£150,000	£811	1
2016	£172,500	£2,234	1
2013	£250,000	£1,351	1
2007	£165,000	£2,137	1
2001	£159,000	£859	1
1999	£85,500		1
1996	£60,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£190,000	£2,000	1
2021	£263,000	£2,327	1
2018	£176,999	£1,844	1
2007	£225,000	£1,991	1
2003	£137,500		1
1999	£53,000	£552	1
1998	£31,500	£328	1
1996	£59,950		1

All the Sales in the PARK LANE, HU16 5RD

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

Address	Sold Date	Price	% Change
12 PARK LANETerraced, Freehold	29 Nov 2023	£250,000	0.0
12 PARK LANETerraced, Freehold	29 Nov 2023	£250,000	First Sale
8 PARK LANETerraced, FreeholdArea: 105 Sq.mtrAge: 1930-1949	02 Dec 2022	£235,000	36.23%
8 PARK LANETerraced, FreeholdArea: 105 Sq.mtrAge: 1930-1949	13 Sep 2017	£172,500	First Sale
38 PARK LANEDetached, FreeholdArea: 185 Sq.mtrAge: 1976-1982	19 Oct 2022	£150,000	-40.00%
	29 Jul 2013	£250,000	57.23%
	21 Aug 2001	£159,000	First Sale
26 PARK LANESemi-Detached, FreeholdArea: 95 Sq.mtrAge: 1930-1949	17 Feb 2022	£190,000	First Sale
6 PARK LANETerraced, FreeholdArea: 93.5 Sq.mtrAge: 1930-1949	05 Oct 2021	£185,000	First Sale
18 PARK LANETerraced, FreeholdArea: 94 Sq.mtrAge: 1900-1929	24 Sep 2021	£186,000	First Sale
70 PARK LANESemi-Detached, FreeholdArea: 113 Sq.mtrAge: 1930-1949	01 Mar 2021	£263,000	16.89%
	25 Jul 2007	£225,000	First Sale
16 PARK LANETerraced, FreeholdArea: 105 Sq.mtrAge: 1930-1949	17 Dec 2019	£186,000	108.99%
	01 Jul 2003	£89,000	First Sale
2 PARK LANETerraced, FreeholdArea: 98 Sq.mtrAge: 1900-1929	28 Feb 2019	£170,000	18.06%
	14 Dec 2005	£144,000	51.58%
	02 Jan 2003	£95,000	First Sale
68 PARK LANESemi-Detached, FreeholdArea: 96 Sq.mtrAge: 1930-1949	06 Dec 2018	£176,999	First Sale
20 PARK LANETerraced, FreeholdArea: 96 Sq.mtrAge: 1930-1949	30 Jun 2016	£165,000	211.32%
	22 Apr 1999	£53,000	68.25%
	01 Dec 1998	£31,500	First Sale
2A PARK LANEDetached, FreeholdArea: 77.2 Sq.mtrAge: 1950-1966	28 Apr 2016	£172,500	4.55%
	02 Nov 2007	£165,000	First Sale
4 PARK LANETerraced, FreeholdArea: 96 Sq.mtrAge: 1930-1949	30 Jul 2014	£132,500	143.12%
4 PARK LANETerraced, FreeholdArea: 96 Sq.mtrAge: 1930-1949	30 Oct 1998	£54,500	First Sale
10 PARK LANETerraced, FreeholdArea: 102 Sq.mtrAge: 1900-1929	16 Jul 2013	£160,000	28.00%
	01 Feb 2005	£125,000	First Sale
PARK LANETerraced, Freehold	01 Sep 2008	£155,000	First Sale
30 PARK LANESemi-Detached, Freehold	31 Oct 2003	£137,500	129.36%
30 PARK LANESemi-Detached, Freehold	29 Mar 1996	£59,950	First Sale
24 PARK LANEDetached, Freehold	27 Aug 1999	£85,500	First Sale
22 PARK LANEDetached, Freehold	04 Apr 1996	£60,000	First Sale

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

PARK LANE, HU16 5RD Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the HU16 5RD 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 5RD postcode.

Detached
- The average price is around £211,942 median price is £192,000 Standard Deviation is £118,254 with Total Sold: 255
- The Last 5 Year average price is £325,487 with Total Sold: 45
- The most recent sale happened at this postcode is , 281 NORTHGATE: £350,000 (Sold on 03 Sep 2024)
- The first recorded sale happened at this postcode is , 28 QUEENS DRIVE: £97,500 (Sold on 20 Jan 1995)
Flat
- The average price is around £80,628 median price is £84,500 Standard Deviation is £28,574 with Total Sold: 297
- The Last 5 Year average price is £103,684 with Total Sold: 51
- The most recent sale happened at this postcode is , 23 APPLEGARTH MEWS: £130,000 (Sold on 16 Aug 2024)
- The first recorded sale happened at this postcode is , 24 TENNISON COURT: £39,500 (Sold on 03 Jan 1995)
Semi-Detached
- The average price is around £147,048 median price is £145,000 Standard Deviation is £73,965 with Total Sold: 549
- The Last 5 Year average price is £225,495 with Total Sold: 83
- The most recent sale happened at this postcode is , 40 MILL BECK LANE: £262,000 (Sold on 26 Jul 2024)
- The first recorded sale happened at this postcode is , 286 NORTHGATE: £50,000 (Sold on 13 Jan 1995)
Terraced
- The average price is around £108,864 median price is £105,500 Standard Deviation is £58,284 with Total Sold: 430
- The Last 5 Year average price is £179,059 with Total Sold: 73
- The most recent sale happened at this postcode is , 12 PARK AVENUE: £189,950 (Sold on 10 Jul 2024)
- The first recorded sale happened at this postcode is , 72 FINKLE STREET: £47,000 (Sold on 10 Apr 1995)
Other
- The average price is around £985,089 median price is £250,000 Standard Deviation is £1,752,818 with Total Sold: 21
- The Last 5 Year average price is £521,736 with Total Sold: 11
- The most recent sale happened at this postcode is , SWALLOW CROFT PARK LANE: £700,000 (Sold on 03 Nov 2023)
- The first recorded sale happened at this postcode is , 149 KING STREET: £250,000 (Sold on 28 Feb 2014)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£283,929	£2,500	7
2023	£469,100	£2,704	5
2022	£350,550	£2,390	10
2021	£309,300	£2,358	10
2020	£287,867	£2,591	12
2019	£261,000	£2,423	1
2018	£341,111	£2,200	9
2017	£300,556	£2,295	9
2016	£212,500	£1,981	3
2015	£212,182	£1,753	11
2014	£241,992	£1,952	12
2013	£273,306	£1,789	8
2012	£253,333	£1,909	3
2011	£220,090	£1,979	5
2010	£207,982	£1,934	6
2009	£258,778	£1,719	9
2008	£235,000	£1,630	2
2007	£200,994	£2,036	8
2006	£305,250	£1,871	6
2005	£244,214	£1,881	7
2004	£228,500	£1,430	8
2003	£176,287	£1,290	15
2002	£140,370	£1,077	12
2001	£130,800	£903	15
2000	£105,158	£810	12
1999	£99,383	£777	18
1998	£92,650	£786	6
1997	£111,494	£651	9
1996	£104,828	£651	9
1995	£104,088	£717	8

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£112,250	£2,377	4
2023	£115,272	£2,231	9
2022	£107,750	£2,006	12
2021	£91,312	£2,005	8
2020	£107,250	£1,944	4
2019	£96,354	£1,846	14
2018	£104,972	£1,990	9
2017	£94,541	£1,750	11
2016	£96,662	£1,808	12
2015	£86,590	£1,612	10
2014	£83,804	£1,661	17
2013	£81,389	£1,501	9
2012	£81,667	£1,639	6
2011	£73,875	£1,487	8
2010	£90,611	£1,773	9
2009	£86,929	£1,555	7
2008	£88,357	£1,965	7
2007	£105,215	£2,067	17
2006	£103,967	£1,916	18
2005	£99,985	£1,731	10
2004	£72,346	£1,546	14
2003	£55,346	£1,076	14
2002	£50,005	£988	14
2001	£47,312	£979	12
2000	£40,948	£807	9
1999	£36,983	£864	3
1998	£39,167	£793	6
1997	£35,448	£623	8
1996	£40,750	£846	8
1995	£40,994	£878	8

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£262,000		1
2023	£232,042	£2,288	12
2022	£248,667	£2,482	15
2021	£228,827	£2,239	29
2020	£215,900	£2,022	10
2019	£196,538	£2,063	16
2018	£188,248	£2,050	24
2017	£226,018	£1,939	16
2016	£195,839	£1,879	19
2015	£203,925	£1,976	14
2014	£179,274	£1,734	19
2013	£173,182	£1,784	11
2012	£154,875	£1,705	12
2011	£165,637	£1,710	11
2010	£170,341	£1,692	16
2009	£152,032	£1,699	14
2008	£195,676	£1,803	19
2007	£183,964	£1,857	21
2006	£160,493	£1,792	21
2005	£139,103	£1,760	15
2004	£142,264	£1,466	29
2003	£121,277	£1,259	28
2002	£109,428	£922	23
2001	£92,459	£849	16
2000	£65,727	£720	22
1999	£64,337	£690	28
1998	£59,038	£631	26
1997	£69,033	£639	23
1996	£64,986	£569	28
1995	£64,768	£604	11

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£169,550	£2,297	9
2023	£221,062	£2,398	8
2022	£209,736	£2,625	12
2021	£158,289	£2,004	19
2020	£174,625	£2,071	16
2019	£162,056	£1,901	9
2018	£138,412	£1,935	17
2017	£151,821	£1,802	14
2016	£153,532	£1,558	10
2015	£135,354	£1,773	14
2014	£120,150	£1,643	16
2013	£113,300	£1,341	10
2012	£111,889	£1,617	9
2011	£117,556	£1,483	9
2010	£104,412	£1,492	12
2009	£111,661	£1,490	9
2008	£129,895	£1,660	10
2007	£136,775	£1,641	18
2006	£131,406	£1,531	17
2005	£101,444	£1,254	15
2004	£100,118	£1,282	19
2003	£86,776	£1,094	19
2002	£75,670	£946	15
2001	£58,893	£723	27
2000	£56,508	£696	23
1999	£42,925	£618	18
1998	£46,342	£553	13
1997	£51,653	£637	16
1996	£43,857	£537	14
1995	£41,937	£480	13

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£380,900	£3,256	4
2022	£150,000		1
2021	£187,500		2
2020	£70,167	£2,132	3
2019	£3,480,000		1
2018	£3,950,389	£2,641	2
2017	£1,292,200	£14,785	5
2015	£250,000		1
2014	£168,000		2

House Type in HU16 5RD area

The most common house types in the HU16 5RD postcode area are Semi-detached (47), Detached (43), and Terraced (30).

Total	135
Semi-detached	47
Detached	43
Terraced	30
Flat	15
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (80), and Owned: Owns with a mortgage or loan (34).

Owned: Owns outright	80
Owned: Owns with a mortgage or loan	34
Private rented: Private landlord or letting agency	11
Social rented: Other social rented	4
Social rented: Rents from council or Local Authority	2
Private rented: Other private rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the HU16 5RD have 2 people in household (55), and 1 person in household (47).

2 people in household	55
1 person in household	47
3 people in household	24
4 people in household	5
6 people in household	2
5 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0