According to the public record, 3 Strand House, York is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 629 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Strand House, Dixon Lane, York, YO1.
Dixon Lane, York, YO1 is located within the YO1 postal district.
3 Strand House, York has 21 entries in the Land Registry database, most recently in February 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 3 Strand House York as £203,020 and the rental value as £1,190 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 3 Strand House York has increased by £2,824 (1.4%) and its rental value has increased by £13 per month (1.1%).
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 Strand House, York is in very good condition we estimate a sale value of £213,171 and rental value of £1,250 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £188,809 and a rental value of £1,107 per month.
If you were able to purchase this property for the estimated value of £203,020, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £998 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 Strand House, York was last sold on 20 Feb 2007 for £148,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2007, the market for similar properties has risen 29.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3 Strand House, York within a radius of 300 metres over the last 2 years.
The most recent example is 3 Trafalgar House, Piccadilly, York, YO1 9QP, a Leasehold flat which sold for £178,000 in Jun 2022.
Read more about house prices in YO1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Dixon Lane, York, YO1 has a total of 14 addresses. According to our analysis of all the public data, 3 Strand House, York is the 3rd largest and the 4th most expensive property on the street.
When compared to the postcode district it is £119k less expensive than the average property in YO1.
The closest station to 3 Strand House, York is York station which is 1.1 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 Strand House, York, 58.2% of property is privately rented and 14.7% 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 3 Strand House, York, 38.4% of residents are recorded as possessing school level qualifications and 45.8% 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 3 Strand House, York, the average age was 37.4 and the most common age was 22.
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 Strand House, York, 1.4% 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 Strand House, York, there are an average of 0.4 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.