According to the public record, 14, Prospect Way, Northallerton is a mid-century leasehold apartment and with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Prospect Way, Leeming, Northallerton, DL7 is located in the borough of Hambleton within the DL7 postal district.
14, Prospect Way, Northallerton has a single entry in the Land Registry database from November 2023 and no records in the EPC database.
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 14 Prospect Way Northallerton as £109,152 and the rental value as £664 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 14 Prospect Way Northallerton has increased by £4,460 (4.1%) and its rental value has increased by £23 per month (3.5%).
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 14, Prospect Way, Northallerton is in very good condition we estimate a sale value of £114,610 and rental value of £697 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £101,512 and a rental value of £618 per month.
If you were able to purchase this property for the estimated value of £109,152, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £536 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, 14, Prospect Way, Northallerton was last sold on 10 Nov 2023 for £103,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2023, the market for similar properties has risen 5.1%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 55m radius of 14, Prospect Way, Northallerton over the last 2 years.
The most recent example is 3, Prospect Way, Northallerton, DL7 9ST, a Freehold house which sold for £120,000 in Sep 2022.
Read more about house prices in DL7.
Prospect Way, Leeming, Northallerton, DL7 has a total of 15 addresses. According to our analysis of all the public data, 14, Prospect Way, Northallerton is the 3rd largest and the 7th most expensive property on the street.
When compared to the postcode district it is £180k less expensive than the average property in DL7.
14, Prospect Way, Northallerton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Sep 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 14, Prospect Way, Northallerton is Northallerton station which is 8.1 km 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 14, Prospect Way, Northallerton, 50.5% of property is privately owned outright and 20.4% 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 14, Prospect Way, Northallerton, 7.6% of residents are recorded as possessing school level qualifications and 23.1% 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 14, Prospect Way, Northallerton, the average age was 43.8 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 14, Prospect Way, Northallerton, 0.0% 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 14, Prospect Way, Northallerton, there are an average of 1.4 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.