Housing Market Analysis for PARK LANE, HU16 5RH

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £128,227 median price is £122,500 Standard Deviation is £35,048 with Total Sold: 13
- The Last 5 Year average price is £174,667 with Total Sold: 3
- The most recent sale happened at this postcode is 25 PARK LANE: £190,000 (Sold on 24 Mar 2023)
- The first recorded sale happened at this postcode is 5 PARK LANE: £59,950 (Sold on 27 Jan 2003)
Terraced
- The average price is around £148,000 median price is £148,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 1 PARK LANE: £148,000 (Sold on 12 Jun 2014)
- The first recorded sale happened at this postcode is 1 PARK LANE: £148,000 (Sold on 12 Jun 2014)
Detached
- The average price is around £61,500 median price is £61,500 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 27 PARK LANE: £61,500 (Sold on 06 Oct 2000)
- The first recorded sale happened at this postcode is 27 PARK LANE: £61,500 (Sold on 06 Oct 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average HU16 5RH 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£190,000	£1,863	1
2022	£179,000	£2,238	1
2021	£155,000	£2,175	1
2018	£165,000	£1,755	1
2014	£131,500	£1,739	2
2010	£120,000	£1,684	1
2009	£104,167	£1,518	3
2008	£122,500		1
2004	£100,000		1
2003	£59,950		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2014	£148,000	£2,114	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2000	£61,500		1

All the Sales in the PARK LANE, HU16 5RH

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

Address	Sold Date	Price	% Change
25 PARK LANESemi-Detached, FreeholdArea: 102 Sq.mtrAge: 1967-1975	24 Mar 2023	£190,000	First Sale
17 PARK LANESemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1967-1975	26 Aug 2022	£179,000	29.71%
	20 Jun 2014	£138,000	First Sale
7 PARK LANESemi-Detached, FreeholdArea: 71.28 Sq.mtrAge: 1930-1949	09 Jul 2021	£155,000	24.00%
	25 Apr 2014	£125,000	4.17%
	20 Jan 2010	£120,000	First Sale
29 PARK LANESemi-Detached, FreeholdArea: 94 Sq.mtrAge: 1950-1966	23 Nov 2018	£165,000	First Sale
1 PARK LANETerraced, FreeholdArea: 70 Sq.mtrAge: 1950-1966	12 Jun 2014	£148,000	48.00%
	25 Sep 2009	£100,000	-11.11%
	06 Feb 2009	£112,500	First Sale
21 PARK LANESemi-Detached, Freehold	13 Nov 2009	£100,000	First Sale
15 PARK LANESemi-Detached, Freehold	20 Mar 2008	£122,500	First Sale
5 PARK LANESemi-Detached, Freehold	21 May 2004	£100,000	66.81%
5 PARK LANESemi-Detached, Freehold	27 Jan 2003	£59,950	First Sale
27 PARK LANEDetached, Freehold	06 Oct 2000	£61,500	First Sale

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

PARK LANE, HU16 5RH Near By properties

Interactive Map

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

Detached
- The average price is around £211,119 median price is £191,750 Standard Deviation is £118,231 with Total Sold: 260
- The Last 5 Year average price is £324,280 with Total Sold: 46
- 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)
Terraced
- The average price is around £105,695 median price is £105,000 Standard Deviation is £56,784 with Total Sold: 485
- The Last 5 Year average price is £173,010 with Total Sold: 82
- The most recent sale happened at this postcode is , 27 WAINFLEET AVENUE: £145,500 (Sold on 02 Aug 2024)
- The first recorded sale happened at this postcode is , 72 FINKLE STREET: £47,000 (Sold on 10 Apr 1995)
Semi-Detached
- The average price is around £146,526 median price is £145,000 Standard Deviation is £73,437 with Total Sold: 568
- The Last 5 Year average price is £222,700 with Total Sold: 88
- 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)
Other
- The average price is around £914,897 median price is £210,000 Standard Deviation is £1,690,275 with Total Sold: 23
- The Last 5 Year average price is £490,404 with Total Sold: 12
- 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	£305,727	£2,377	11
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	£224,699	£1,934	7
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	£225,688	£1,875	8
2004	£228,500	£1,430	8
2003	£172,456	£1,290	16
2002	£140,370	£1,077	12
2001	£130,800	£903	15
2000	£100,127	£804	13
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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£167,145	£2,297	10
2023	£212,056	£2,463	9
2022	£192,522	£2,568	15
2021	£158,289	£2,004	19
2020	£168,222	£2,071	18
2019	£153,045	£1,918	11
2018	£138,412	£1,935	17
2017	£147,700	£1,802	15
2016	£149,302	£1,619	11
2015	£133,530	£1,782	15
2014	£119,141	£1,668	17
2013	£113,300	£1,341	10
2012	£111,889	£1,617	9
2011	£115,227	£1,566	11
2010	£103,056	£1,593	17
2009	£110,195	£1,538	10
2008	£123,573	£1,749	13
2007	£133,945	£1,700	20
2006	£121,167	£1,584	23
2005	£101,444	£1,254	15
2004	£97,852	£1,313	22
2003	£84,726	£1,108	21
2002	£73,309	£942	17
2001	£58,182	£722	28
2000	£55,087	£699	25
1999	£42,925	£618	18
1998	£42,636	£582	18
1997	£47,888	£639	20
1996	£42,176	£547	17
1995	£41,549	£499	14

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	£228,200	£2,270	30
2020	£206,042	£2,068	12
2019	£194,589	£2,173	18
2018	£188,248	£2,050	24
2017	£223,134	£1,916	17
2016	£195,839	£1,879	19
2015	£203,925	£1,976	14
2014	£177,685	£1,757	20
2013	£173,182	£1,784	11
2012	£154,875	£1,705	12
2011	£165,637	£1,710	11
2010	£165,858	£1,752	18
2009	£148,997	£1,751	15
2008	£195,676	£1,803	19
2007	£183,964	£1,857	21
2006	£160,468	£1,858	22
2005	£142,909	£1,788	16
2004	£140,114	£1,556	32
2003	£121,277	£1,259	28
2002	£107,056	£937	24
2001	£92,459	£849	16
2000	£65,727	£720	22
1999	£64,337	£690	28
1998	£59,074	£645	27
1997	£67,323	£638	24
1996	£65,021	£607	29
1995	£64,768	£604	11

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£380,900	£3,256	4
2022	£150,000		1
2021	£173,583		3
2020	£70,167	£2,132	3
2019	£3,480,000		1
2018	£3,950,389	£2,641	2
2017	£1,111,833	£14,785	6
2015	£250,000		1
2014	£168,000		2

House Type in HU16 5RH area

The most common house types in the HU16 5RH postcode area are Semi-detached (93), Detached (28), and Terraced (1).

Total	122
Semi-detached	93
Detached	28
Terraced	1
Flat	0
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 (67), and Owned: Owns with a mortgage or loan (39).

Owned: Owns outright	67
Owned: Owns with a mortgage or loan	39
Private rented: Private landlord or letting agency	9
Social rented: Rents from council or Local Authority	4
Shared ownership: Shared ownership	1
Private rented: Other private rented	1
Does not apply	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the HU16 5RH have 2 people in household (45), and 1 person in household (27).

2 people in household	45
1 person in household	27
3 people in household	21
4 people in household	19
5 people in household	5
6 people in household	3
8 or more people in household	1
0 people in household	0
7 people in household	0