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

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The Hull property market recorded 3,986 residential sales in the 12 months to 30 June 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 £135,000 in Q1 2025 to £126,000 in Q2 2026, a change of -6.7% over 5 quarters. Hull has now recorded 2 consecutive quarters of price falls.

The local planning authority for Hull approved 14 residential planning applications and refused 0 in Q3 2026 (1 July to 30 September 2026), with 27 still awaiting a decision. Too few decisions were captured in the period to state a reliable approval rate. A further 1 residential decision in the period has no recorded outcome in the source data and is not counted above. Planning figures come from local planning authority records compiled by Landstack, retrieved on 3 October 2026. Councils and Landstack can take several days to publish decisions, so decisions made in the final days of Q3 2026 may not all be included yet.

Schemes approved in Q3 2026, together with those still awaiting a decision, propose around 1,100 homes, an estimated £141.2m 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 £88,200. The £159k 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 132 new-build sales in Hull for the past 12 months, 3.3% 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 11.5% to existing stock.

Across the wider East Riding of Yorkshire market, 397 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 £110,000 to £278,000 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.

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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.