According to the public record, 2, Prospect Road, Harrogate is a period Leasehold apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 2, Prospect Road, Harrogate, HG2.
Prospect Road, Harrogate, HG2 is located in the borough of Harrogate within the HG2 postal district.
2, Prospect Road, Harrogate has 21 entries in the Land Registry database, most recently in August 2018 and a single entry in the EPC database dated May 2019.
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 Prospect Road Harrogate as £161,580 and the rental value as £842 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 2 Prospect Road Harrogate has increased by £1,167 (0.7%) and its rental value has increased by £29 per month (3.5%).
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, Prospect Road, Harrogate is in very good condition we estimate a sale value of £169,659 and rental value of £884 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £150,269 and a rental value of £783 per month.
If you were able to purchase this property for the estimated value of £161,580, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £794 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, Prospect Road, Harrogate was last sold on 31 Aug 2018 for £140,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2018, the market for similar properties has risen 15.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Prospect Road, Harrogate within a radius of 480 metres over the last 2 years.
The most recent example is Apartment 2, Broughton Court 24C, High Street, Harrogate, HG2 7JE, a Leasehold flat which sold for £149,000 in Nov 2023.
Read more about house prices in HG2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Prospect Road, Harrogate, HG2 has a total of 27 addresses. According to our analysis of all the public data, 2, Prospect Road, Harrogate is the 27th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £274k less expensive than the average property in HG2.
2, Prospect Road, Harrogate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 May 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 2, Prospect Road, Harrogate is Starbeck station which is 200 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, Prospect Road, Harrogate, 31.1% of property is privately owned outright and 27.2% is privately 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 2, Prospect Road, Harrogate, 14.0% of residents are recorded as possessing school level qualifications and 31.9% 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, Prospect Road, Harrogate, the average age was 42.5 and the most common age was 52.
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, Prospect Road, Harrogate, 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, Prospect Road, Harrogate, there are an average of 1.2 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.