The value of properties in Hull has been increasing twice as fast as the national average, new figures suggest.
Property website Zoopla estimates the typical home in the city is already worth £6,175 more than it was at the beginning of the year.
That represents a jump of 5.4% and means the average Hull property is now valued at £121,260.
Over the country as a whole, property values have risen by 2.7% to reach an average of £270,674, Zoopla says.
The rate of increase in Hull is even more marked when compared to the average for Yorkshire and Humber as a whole.
The figures show that the region, which includes Hull and East Yorkshire, has seen the typical property rise in value by 1.6% (£2,482) to reach £156,708.
Hull’s increase also outstrips the rate of growth seen in London. House values in the capital are estimated to have risen by 2.5% (£14,385) since January to reach an average of £599,162.
Website spokesman Lawrence Hall says the increases seen in Hull and other regions reflect the recovery of the economy and are a result of a rising demand for property.
Copyright Press Association 2015
