According to the public record, 16, Park Lane, York is a modern freehold house with 365 ft2 of internal area and sits on a 57.3 m2 plot.
Houses of this size in this area normally have 1 bedroom with a garden.
Park Lane, Holgate, York, YO24 is located within the YO24 postal district.
16, Park Lane, York has 2 entries in the Land Registry database, most recently in November 2022 and a single entry in the EPC database dated February 2018.
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 Park Lane York as £221,055 and the rental value as £674 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of 16 Park Lane York has increased by £4,154 (1.9%) and its rental value has decreased by £30 per month (4.4%).
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, Park Lane, York is in very good condition we estimate a sale value of £232,108 and rental value of £707 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £205,581 and a rental value of £627 per month.
If you were able to purchase this property for the estimated value of £221,055, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,086 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, Park Lane, York sits on a plot of 57m2.
We have plot size data on 13 out of 15 other houses in the postcode and 16, Park Lane, York sits on the 8th largest plot.
According to HM Land Registry, 16, Park Lane, York was last sold on 18 Nov 2022 for £190,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2022, the market for similar properties has risen 1.9%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 16, Park Lane, York within a radius of 560 metres over the last 2 years.
The most recent example is 5, Park Lane, York, YO24 4JQ, a Freehold house which sold for £300,000 in Sep 2023.
Read more about house prices in YO24.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Lane, Holgate, York, YO24 has a total of 15 addresses. According to our analysis of all the public data, 16, Park Lane, York is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £106k less expensive than the average property in YO24.
16, Park Lane, York has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Feb 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 16, Park Lane, York is York station which is 1.0 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, Park Lane, York, 39.7% of property is privately rented and 24.8% 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, Park Lane, York, 12.3% of residents are recorded as possessing school level qualifications and 44.1% 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 16, Park Lane, 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, Park Lane, York, 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 16, Park Lane, York, 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.