According to the public record, 40, Lowndes Park, Driffield is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,216 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Lowndes Park, Driffield, YO25 is located within the YO25 postal district.
40, Lowndes Park, Driffield has a single entry in the Land Registry database from September 2009 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 40 Lowndes Park Driffield as £327,418 and the rental value as £1,278 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 40 Lowndes Park Driffield has increased by £2,274 (0.7%) and its rental value has increased by £47 per month (3.6%).
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 40, Lowndes Park, Driffield is in very good condition we estimate a sale value of £343,789 and rental value of £1,342 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £304,499 and a rental value of £1,189 per month.
If you were able to purchase this property for the estimated value of £327,418, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,609 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, 40, Lowndes Park, Driffield was last sold on 17 Sep 2009 for £215,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2009, the market for similar properties has risen 58.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Lowndes Park, Driffield within a radius of 77m over the last 2 years.
The most recent example is 92, Lowndes Park, Driffield, YO25 5BG, a Freehold house which sold for £305,000 in Aug 2023.
Read more about house prices in YO25.
Lowndes Park, Driffield, YO25 has a total of 81 addresses. According to our analysis of all the public data, 40, Lowndes Park, Driffield is the 68th largest and the 59th most expensive property on the street.
When compared to the postcode district it is £82k more expensive than the average property in YO25.
The closest station to 40, Lowndes Park, Driffield is Driffield station which is 1.2 km 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 40, Lowndes Park, Driffield, 45.7% of property is privately owned outright and 39.5% 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 40, Lowndes Park, Driffield, 15.5% of residents are recorded as possessing school level qualifications and 33.2% 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 40, Lowndes Park, Driffield, the average age was 47 and the most common age was 72.
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 40, Lowndes Park, Driffield, 1.2% 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 40, Lowndes Park, Driffield, there are an average of 1.5 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.