According to the public record, 31, Slack Lane, Wakefield is a period freehold house with 2,604 ft2 of internal area and sits on a 1,527 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Slack Lane, Newmillerdam, Wakefield, WF2 is located in the borough of Wakefield within the WF2 postal district.
31, Slack Lane, Wakefield has a single entry in the Land Registry database from May 2006 and a single entry in the EPC database dated May 2017.
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 31 Slack Lane Wakefield as £548,575 and the rental value as £1,810 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 31 Slack Lane Wakefield has increased by £10,380 (1.9%) and its rental value has increased by £20 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 31, Slack Lane, Wakefield is in very good condition we estimate a sale value of £576,003 and rental value of £1,901 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £510,174 and a rental value of £1,683 per month.
If you were able to purchase this property for the estimated value of £548,575, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,696 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 data from HM Land Registry, 31, Slack Lane, Wakefield sits on a plot of 1527m2.
We have plot size data on 10 out of 14 other houses in the postcode and 31, Slack Lane, Wakefield sits on the largest plot.
According to HM Land Registry, 31, Slack Lane, Wakefield was last sold on 05 May 2006 for £125,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31, Slack Lane, Wakefield within a radius of 950 metres over the last 2 years.
The most recent example is 49, Pledwick Lane, Wakefield, WF2 6EA, a Freehold house which sold for £590,000 in Sep 2023.
Read more about house prices in WF2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Slack Lane, Newmillerdam, Wakefield, WF2 has a total of 19 addresses. According to our analysis of all the public data, 31, Slack Lane, Wakefield is the largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £315k more expensive than the average property in WF2.
31, Slack Lane, Wakefield has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 May 2017.
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 31, Slack Lane, Wakefield is Sandal & Agbrigg station which is 2.9 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 31, Slack Lane, Wakefield, 38.5% of property is privately owned outright and 37.1% 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 31, Slack Lane, Wakefield, 14.9% of residents are recorded as possessing school level qualifications and 39.6% 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 31, Slack Lane, Wakefield, the average age was 39.8 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 31, Slack Lane, Wakefield, 2.2% 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 31, Slack Lane, Wakefield, there are an average of 1.6 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.