Hull Property Market: House Prices, Sold Data & Development Finance, End of H1 2026

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The Hull property market recorded 2,700 residential sales over the past 12 months, with a median sale price of £130,000. This places Hull £59k below the East Riding of Yorkshire county median of £188,625, and £155k below the UK national median of £285,000.

Prices in Hull have shown broadly stable, with a year-on-year change of 0%. Within East Riding of Yorkshire, Hull ranks 6th by price out of 6 principal towns, and 1st by transaction volume.

Hull median prices have moved from £135,000 in Q1 2025 to £123,000 in Q2 2026, a change of -8.9% over 5 quarters.

Hull City Council — the local planning authority covering Hull — has 230 residential units in its current pipeline, an estimated gross development value of £28.2m, across 28 applications (1 approved, 27 pending) at an approval rate of 100%.

Property prices in Hull vary significantly by type. The table below compares Hull prices with East Riding of Yorkshire county averages and UK national figures.

Detached homes in Hull command £242,750, while flat properties are most accessible at £78,739. The £164k spread between the most and least expensive types indicates a relatively compressed market where margins between types are tighter.

Hull recorded 13 new-build transactions in the past 12 months, representing 0.5% of total sales. There is moderate development activity, with room for further growth.

New-build properties in Hull traded at a discount of 7.6% versus existing stock. Developers should focus on specification, design quality, and location to maximise values above comparable second-hand stock.

Across the wider East Riding of Yorkshire market, 84 new-build completions were recorded — see our East Riding of Yorkshire property market report for the full county picture.

The following table shows the most recent property transactions recorded in Hull, providing real-time evidence of achieved prices for buyers, sellers, and developers:

These transactions are sourced from HM Land Registry Price Paid data and represent completed, registered sales. The range from £50,000 to £160,000 illustrates the breadth of the Hull market.

For developers considering Hull, the local market data translates directly into finance structuring. With a median value of £130,000 and detached homes at £242,750, lenders can assess scheme viability with confidence.

A typical development finance facility for a Hull scheme with a GDV of £242,750 would attract senior debt of approximately £157,788 at 65% LTGDV. Mezzanine finance can stretch total borrowing to 85-90% of costs, while bridging loans enable rapid site acquisitions completing in as little as 5 working days.

While prices have remained flat year-on-year, experienced developers can still generate strong returns in Hull by targeting well-located sites with clear demand drivers.

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To put Hull's market in context, the table below compares it with similarly-priced towns across East Riding of Yorkshire:

For the full East Riding of Yorkshire town-by-town breakdown, see our comprehensive East Riding of Yorkshire property market report.