According to the public record, 15, Monkgate Cloisters, York is a modern apartment with 430 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Monkgate Cloisters, York, YO31 is located within the YO31 postal district.
15, Monkgate Cloisters, York has no records in the Land Registry database and a single entry in the EPC database dated November 2018.
We combine this information with public data 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 15 Monkgate Cloisters York as £222,833 and the rental value as £1,020 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 15 Monkgate Cloisters York has increased by £7,108 (3.2%) and its rental value has increased by £27 per month (2.6%).
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 15, Monkgate Cloisters, York is in very good condition we estimate a sale value of £233,974 and rental value of £1,071 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £207,234 and a rental value of £948 per month.
If you were able to purchase this property for the estimated value of £222,833, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,095 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Monkgate Cloisters, York within a radius of 430 metres over the last 2 years.
The most recent example is Apartment 5, St. Johns Mews, Penleys Grove Street, York, YO31 7AH, a Leasehold flat which sold for £193,500 in Feb 2021.
Read more about house prices in YO31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Monkgate Cloisters, York, YO31 has a total of 25 addresses. According to our analysis of all the public data, 15, Monkgate Cloisters, York is the 19th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £99k less expensive than the average property in YO31.
15, Monkgate Cloisters, York has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Nov 2018.
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 15, Monkgate Cloisters, York is York station which is 1.2 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 15, Monkgate Cloisters, York, 65.0% of property is privately rented and 25.6% 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 15, Monkgate Cloisters, York, 18.0% of residents are recorded as possessing school level qualifications and 59.7% 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 15, Monkgate Cloisters, York, the average age was 37.4 and the most common age was 22.
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 15, Monkgate Cloisters, York, 2.4% 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 15, Monkgate Cloisters, York, there are an average of 0.7 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.