According to the public record, 2, Barrass Yard, Wakefield is a modern leasehold apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Barrass Yard, Wakefield, WF2 is located in the borough of Wakefield within the WF2 postal district.
2, Barrass Yard, Wakefield has 2 entries in the Land Registry database, most recently in July 2016 and a single entry in the EPC database dated March 2016.
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 Barrass Yard Wakefield as £115,869 and the rental value as £634 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 2 Barrass Yard Wakefield has increased by £4,332 (3.7%) and its rental value has increased by £10 per month (1.6%).
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 2, Barrass Yard, Wakefield is in very good condition we estimate a sale value of £121,662 and rental value of £665 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £107,758 and a rental value of £589 per month.
If you were able to purchase this property for the estimated value of £115,869, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £569 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, Barrass Yard, Wakefield was last sold on 01 Jul 2016 for £105,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2016, the market for similar properties has risen 35.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Barrass Yard, Wakefield within a radius of 630 metres over the last 2 years.
The most recent example is 20, Mayfair Court, Wakefield, WF2 8WL, a Leasehold flat which sold for £95,000 in Sep 2023.
Read more about house prices in WF2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Barrass Yard, Wakefield, WF2 has a total of 13 addresses. According to our analysis of all the public data, 2, Barrass Yard, Wakefield is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £118k less expensive than the average property in WF2.
2, Barrass Yard, Wakefield has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Mar 2016.
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 2, Barrass Yard, Wakefield is Wakefield Westgate station which is 700 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, Barrass Yard, Wakefield, 50.7% of property is privately rented and 26.6% 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 2, Barrass Yard, Wakefield, 21.6% of residents are recorded as possessing school level qualifications and 21.8% 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, Barrass Yard, Wakefield, the average age was 45.8 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, Barrass Yard, Wakefield, 0.6% 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, Barrass Yard, Wakefield, 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.