Housing Market Analysis for PARK LANE, HU16 5RZ

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £165,000 median price is £165,000 Standard Deviation is £30,000 with Total Sold: 2
    • The Last 5 Year average price is £195,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 2, BURN PARK COTTAGES PARK LANE: £195,000 (Sold on 12 Apr 2021)
    • The first recorded sale happened at this postcode is 2, BURN PARK COTTAGES PARK LANE: £135,000 (Sold on 24 Jun 2011)
  • Other
    • The average price is around £3,542,000 median price is £3,542,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £3,542,000 with Total Sold: 1
    • The most recent sale happened at this postcode is BURN PARK FARM PARK LANE: £3,542,000 (Sold on 13 Jan 2021)
    • The first recorded sale happened at this postcode is BURN PARK FARM PARK LANE: £3,542,000 (Sold on 13 Jan 2021)

Sold Price Trend Over the Years:

Below table and chart gives the average HU16 5RZ 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£195,000 £2,267 1
2011£135,000 £1,570 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£3,542,0001

All the Sales in the PARK LANE, HU16 5RZ

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

AddressSold DatePrice% Change
2, BURN PARK COTTAGES PARK LANESemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1900-192912 Apr 2021£195,00044.44%
24 Jun 2011£135,000First Sale
BURN PARK FARM PARK LANEOther, Freehold13 Jan 2021£3,542,000First Sale

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

PARK LANE, HU16 5RZ Near By properties

Interactive Map

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

  • Detached
    • The average price is around £135,184 median price is £113,450 Standard Deviation is £55,623 with Total Sold: 94
    • The Last 5 Year average price is £244,025 with Total Sold: 8
    • The most recent sale happened at this postcode is , 46 BADGERS WOOD: £302,000 (Sold on 04 Mar 2024)
    • The first recorded sale happened at this postcode is , 5 BADGERS WOOD: £107,470 (Sold on 23 Jun 1995)
  • Semi-Detached
    • The average price is around £139,998 median price is £135,000 Standard Deviation is £43,014 with Total Sold: 3
    • The Last 5 Year average price is £195,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 2, BURN PARK COTTAGES PARK LANE: £195,000 (Sold on 12 Apr 2021)
    • The first recorded sale happened at this postcode is , 28 BADGERS WOOD: £89,995 (Sold on 27 Jun 1997)
  • Other
    • The average price is around £3,542,000 median price is £3,542,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £3,542,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , BURN PARK FARM PARK LANE: £3,542,000 (Sold on 13 Jan 2021)
    • The first recorded sale happened at this postcode is , BURN PARK FARM PARK LANE: £3,542,000 (Sold on 13 Jan 2021)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£302,0001
2023£278,000 £2,478 1
2022£300,000 £2,674 1
2021£222,500 £2,618 1
2020£230,000 £2,190 1
2019£206,567 £2,464 3
2018£210,000 £2,143 1
2017£195,000 £1,950 1
2016£195,000 £1,976 1
2015£226,000 £2,112 1
2014£177,500 £1,648 1
2013£204,875 £1,870 4
2010£182,500 £1,735 2
2008£211,500 £1,897 2
2007£205,000 £2,077 1
2006£199,112 £1,933 4
2005£156,250 £2,055 2
2004£188,2502
2003£148,000 £1,500 1
2002£124,990 £1,251 5
2001£97,875 £981 8
2000£85,750 £799 2
1999£87,875 £870 4
1998£99,9951
1997£97,582 £1,052 11
1996£98,415 £953 23
1995£104,197 £1,048 9
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£195,000 £2,267 1
2011£135,000 £1,570 1
1997£89,9951
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£3,542,0001

House Type in HU16 5RZ area

The most common house types in the HU16 5RZ postcode area are Detached (68), Semi-detached (35), and temporary structure (24).

Total131
Detached68
Semi-detached35
temporary structure24
Terraced2
Shared house1
converted building1
Flat0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (56), and Owned: Owns with a mortgage or loan (40).

Owned: Owns outright56
Owned: Owns with a mortgage or loan40
Social rented: Rents from council or Local Authority23
Private rented: Private landlord or letting agency7
Private rented: Other private rented2
Shared ownership: Shared ownership1
Does not apply0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the HU16 5RZ have 2 people in household (53), and 3 people in household (30).

2 people in household53
3 people in household30
1 person in household26
4 people in household15
5 people in household3
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0