According to the public record, 16 Heritage House, York is a modern leasehold apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Heritage House, Monument Close, York, YO24.
Monument Close, York, YO24 is located within the YO24 postal district.
16 Heritage House, York has a single entry in the Land Registry database from May 2009 and a single entry in the EPC database dated August 2020.
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 16 Heritage House York as £99,012 and the rental value as £519 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 16 Heritage House York has increased by £2,109 (2.1%) and its rental value has decreased by £29 per month (5.6%).
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 16 Heritage House, York is in very good condition we estimate a sale value of £103,962 and rental value of £545 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £92,081 and a rental value of £483 per month.
If you were able to purchase this property for the estimated value of £99,012, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £487 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, 16 Heritage House, York was last sold on 08 May 2009 for £50,600 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2009, the market for similar properties has risen 57.4%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 16 Heritage House, York within a radius of 470 metres over the last 2 years.
The most recent example is 19 Heritage House, Monument Close, York, YO24 4HU, a Leasehold flat which sold for £95,200 in Feb 2023.
Read more about house prices in YO24.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Monument Close, York, YO24 has a total of 67 addresses. According to our analysis of all the public data, 16 Heritage House, York is the 63rd largest and the 64th most expensive property on the street.
When compared to the postcode district it is £228k less expensive than the average property in YO24.
16 Heritage House, York has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Aug 2020.
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 16 Heritage House, York is York station which is 1.6 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 16 Heritage House, York, 33.6% of property is privately owned outright and 26.7% is socially rented.
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 16 Heritage House, York, 19.0% of residents are recorded as possessing school level qualifications and 40.0% 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 16 Heritage House, York, the average age was 41.2 and the most common age was 32.
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 16 Heritage House, York, 1.0% 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 16 Heritage House, York, there are an average of 1.0 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.