According to the public record, 1, Lake Court, Wakefield is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 904 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Lake Court, Newmillerdam, Wakefield, WF2 is located in the borough of Wakefield within the WF2 postal district.
1, Lake Court, Wakefield has 21 entries in the Land Registry database, most recently in March 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Lake Court Wakefield as £231,990 and the rental value as £997 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 1 Lake Court Wakefield has increased by £10,626 (4.6%) and its rental value has increased by £38 per month (3.8%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Lake Court, Wakefield is in very good condition we estimate a sale value of £243,590 and rental value of £1,047 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £215,751 and a rental value of £927 per month.
If you were able to purchase this property for the estimated value of £231,990, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,140 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 1, Lake Court, Wakefield was last sold on 01 Mar 2007 for £169,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2007, the market for similar properties has risen 20.5%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 1.0 kilometres radius of 1, Lake Court, Wakefield over the last 2 years.
The most recent example is 4, Lake Court, Wakefield, WF2 7SX, a Leasehold flat which sold for £145,000 in Aug 2017.
Read more about house prices in WF2.
Lake Court, Newmillerdam, Wakefield, WF2 has a total of 3 addresses. According to our analysis of all the public data, 1, Lake Court, Wakefield is the largest and the most expensive property on the street.
When compared to the postcode district it is £1k less expensive than the average property in WF2.
The closest station to 1, Lake Court, Wakefield is Sandal & Agbrigg station which is 3.1 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Lake Court, Wakefield, 38.5% of property is privately owned outright and 37.1% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, Lake Court, Wakefield, 14.9% of residents are recorded as possessing school level qualifications and 39.6% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Lake Court, Wakefield, the average age was 39.8 and the most common age was 52.
The graph below shows how this compares to Yorkshire and The Humber and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, Lake Court, Wakefield, 2.2% of property was a second home.
Comparison figures for Yorkshire and The Humber and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, Lake Court, Wakefield, there are an average of 1.6 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.