According to the public record, 10, Barrass Yard, Wakefield is a modern leasehold apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Barrass Yard, Wakefield, WF2 is located in the borough of Wakefield within the WF2 postal district.
10, Barrass Yard, Wakefield has a single entry in the Land Registry database from February 2023 and a single entry in the EPC database dated November 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 10 Barrass Yard Wakefield as £112,163 and the rental value as £624 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 10 Barrass Yard Wakefield has increased by £4,193 (3.7%) and its rental value has increased by £10 per month (1.6%).
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 10, Barrass Yard, Wakefield is in very good condition we estimate a sale value of £117,771 and rental value of £655 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £104,312 and a rental value of £581 per month.
If you were able to purchase this property for the estimated value of £112,163, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £551 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, 10, Barrass Yard, Wakefield was last sold on 09 Feb 2023 for £100,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2023, the market for similar properties has risen 6.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 10, Barrass Yard, Wakefield within a radius of 630 metres over the last 2 years.
The most recent example is 9, Barrass Yard, Wakefield, WF2 8WJ, a Leasehold flat which sold for £107,000 in Jul 2023.
Read more about house prices in WF2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Barrass Yard, Wakefield, WF2 has a total of 13 addresses. According to our analysis of all the public data, 10, Barrass Yard, Wakefield is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £121k less expensive than the average property in WF2.
10, Barrass Yard, Wakefield has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Nov 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 10, Barrass Yard, Wakefield is Wakefield Westgate station which is 700 metres 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 10, Barrass Yard, Wakefield, 50.7% of property is privately rented and 26.6% is privately owned outright.
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 10, Barrass Yard, Wakefield, 21.6% of residents are recorded as possessing school level qualifications and 21.8% 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 10, Barrass Yard, Wakefield, the average age was 45.8 and the most common age was 57.
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 10, Barrass Yard, Wakefield, 0.6% 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 10, Barrass Yard, Wakefield, there are an average of 0.8 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.