Hull Property Market: House Prices, Sold Data & Development Finance, Q3 2026 Edition

Hull: City of Culture legacy with Fruit Market regeneration, Siemens wind energy, and growing creative sector.

The Hull property market recorded 3,966 residential sales in the 12 months to 31 May 2026, with a median sale price of £130,000. This places Hull £63k below the East Riding of Yorkshire county median of £192,500, and £155k below the approximate UK median of £285,000.

Prices in Hull have been broadly stable, 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.

On a quarterly view, Hull median prices moved from £130,000 in Q4 2024 to £130,250 in Q1 2026, a change of +0.2% over 5 quarters.

Hull City Council, the local planning authority covering Hull, approved 82 residential planning applications and refused 7 in the last 12 months, with 54 still awaiting a decision. That is an approval rate of 92%.

Those applications propose around 745 homes, an estimated £84.6m of development value at local sale prices. Treat the unit total as an upper bound, since an outline permission and its reserved-matters application both count.

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 £246,995, while flat properties are most accessible at £77,750. The £169k spread between the most and least expensive types indicates a relatively compressed market where margins between types are tighter.

HM Land Registry has so far registered 147 new-build sales in Hull for the past 12 months, 3.7% of registered transactions. New-build sales are typically registered 6 to 18 months after completion, so this understates current delivery and is not a completions figure.

On those registered sales, new builds in Hull sold at a premium of 66.7% to existing stock.

Across the wider East Riding of Yorkshire market, 433 new-build sales have registered so far. See our East Riding of Yorkshire property market report for the full county picture.

The table below shows the most recently registered residential sales in Hull, 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 £84,500 to £218,000 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 £246,995, lenders can assess scheme viability with confidence.

A typical development finance facility for a scheme in Hull with a GDV of £246,995 would attract senior debt of approximately £160,547 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.

Ready to develop in Hull? Submit your scheme for indicative terms within 24 hours from our panel of 100+ lenders.

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.