According to the public record, 2, Bailey Court, Northallerton is a modern leasehold apartment with 419 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Bailey Court, Northallerton, DL7 is located in the borough of Hambleton within the DL7 postal district.
2, Bailey Court, Northallerton has a single entry in the Land Registry database from September 2011 and a single entry in the EPC database dated September 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 2 Bailey Court Northallerton as £108,588 and the rental value as £629 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 2 Bailey Court Northallerton has increased by £4,784 (4.4%) and its rental value has increased by £22 per month (3.4%).
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 2, Bailey Court, Northallerton is in very good condition we estimate a sale value of £114,017 and rental value of £661 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £100,987 and a rental value of £585 per month.
If you were able to purchase this property for the estimated value of £108,588, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £534 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, 2, Bailey Court, Northallerton was last sold on 06 Sep 2011 for £90,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2011, the market for similar properties has risen 29.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Bailey Court, Northallerton within a radius of 670 metres over the last 2 years.
The most recent example is 17, Applegarth Court, Northallerton, DL7 8NT, a Leasehold flat which sold for £105,000 in Feb 2022.
Read more about house prices in DL7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bailey Court, Northallerton, DL7 has a total of 34 addresses. According to our analysis of all the public data, 2, Bailey Court, Northallerton is the 25th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £181k less expensive than the average property in DL7.
2, Bailey Court, Northallerton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Sep 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 2, Bailey Court, Northallerton is Northallerton station which is 600 metres 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 2, Bailey Court, Northallerton, 56.0% of property is privately rented and 19.7% 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 2, Bailey Court, Northallerton, 13.2% of residents are recorded as possessing school level qualifications and 27.5% 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 2, Bailey Court, Northallerton, the average age was 46.7 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 2, Bailey Court, Northallerton, 0.3% 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 2, Bailey Court, Northallerton, 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.