According to the public record, 16, Meadow Lane, Wakefield is a early-century house with 753 ft2 of internal area and sits on a 11,758 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Meadow Lane, Wakefield, WF2 is located in the borough of Wakefield within the WF2 postal district.
16, Meadow Lane, Wakefield has no records in the Land Registry database and no records in the EPC database.
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 16 Meadow Lane Wakefield as £163,600 and the rental value as £926 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 16 Meadow Lane Wakefield has increased by £8,397 (5.1%) and its rental value has increased by £27 per month (2.9%).
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, Meadow Lane, Wakefield is in very good condition we estimate a sale value of £171,780 and rental value of £972 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £152,148 and a rental value of £861 per month.
If you were able to purchase this property for the estimated value of £163,600, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £804 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 data from HM Land Registry, 16, Meadow Lane, Wakefield sits on a plot of 11758m2.
We have plot size data on 15 out of 17 other houses in the postcode and 16, Meadow Lane, Wakefield sits on the largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Meadow Lane, Wakefield within a radius of 300m over the last 2 years.
The most recent example is 11, Walnut Crescent, Wakefield, WF2 0ET, a Freehold house which sold for £164,862 in Mar 2024.
Read more about house prices in WF2.
Meadow Lane, Wakefield, WF2 has a total of 44 addresses. According to our analysis of all the public data, 16, Meadow Lane, Wakefield is the 36th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £70k less expensive than the average property in WF2.
16, Meadow Lane, Wakefield has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Oct 2019.
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 16, Meadow Lane, Wakefield is Wakefield Westgate station which is 1.4 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 16, Meadow Lane, Wakefield, 66.7% of property is socially rented and 19.2% 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 16, Meadow Lane, Wakefield, 25.4% of residents are recorded as possessing school level qualifications and 12.5% 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, Meadow Lane, Wakefield, the average age was 38.5 and the most common age was 27.
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, Meadow Lane, Wakefield, 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, Meadow Lane, Wakefield, there are an average of 0.9 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.