According to the public record, 3 Fairfield Court, York is a modern leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Fairfield Court, Gale Lane, York, YO24.
Gale Lane, York, YO24 is located within the YO24 postal district.
3 Fairfield Court, York has 3 entries in the Land Registry database, most recently in January 2022 and a single entry in the EPC database dated June 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 3 Fairfield Court York as £158,893 and the rental value as £750 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 3 Fairfield Court York has increased by £3,185 (2.0%) and its rental value has decreased by £53 per month (7.1%).
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 3 Fairfield Court, York is in very good condition we estimate a sale value of £166,838 and rental value of £787 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £147,770 and a rental value of £697 per month.
If you were able to purchase this property for the estimated value of £158,893, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £781 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, 3 Fairfield Court, York was last sold on 27 Jan 2022 for £150,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jan 2022, the market for similar properties has risen 8.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3 Fairfield Court, York within a radius of 530 metres over the last 2 years.
The most recent example is 8 Fairfield Court, Gale Lane, York, YO24 3EX, a Leasehold flat which sold for £160,000 in Jan 2023.
Read more about house prices in YO24.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gale Lane, York, YO24 has a total of 227 addresses. According to our analysis of all the public data, 3 Fairfield Court, York is the 209th largest and the 208th most expensive property on the street.
When compared to the postcode district it is £168k less expensive than the average property in YO24.
3 Fairfield Court, York has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Jun 2019.
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 3 Fairfield Court, York is York station which is 2.4 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 3 Fairfield Court, York, 55.1% of property is socially rented and 21.7% 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 3 Fairfield Court, York, 21.7% of residents are recorded as possessing school level qualifications and 20.2% 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 3 Fairfield Court, York, the average age was 37.2 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 3 Fairfield Court, York, 0.7% 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 3 Fairfield Court, York, there are an average of 1.0 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.