According to the public record, 41, Derry Lane, Ilkley is a mid-century apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Derry Lane, Menston, Ilkley, LS29 is located in the borough of Bradford within the LS29 postal district.
41, Derry Lane, Ilkley has no records in the Land Registry database and a single entry in the EPC database dated September 2023.
We combine this information with public data 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 41 Derry Lane Ilkley as £139,281 and the rental value as £890 per month giving an expected gross yield of 7.7%.
Over the last 12 months the sale value of 41 Derry Lane Ilkley has decreased by £1,906 (1.4%) and its rental value has decreased by £10 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 41, Derry Lane, Ilkley is in very good condition we estimate a sale value of £146,245 and rental value of £935 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £129,532 and a rental value of £828 per month.
If you were able to purchase this property for the estimated value of £139,281, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £685 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, Derry Lane, Ilkley within a radius of 870 metres over the last 2 years.
The most recent example is 3, St. Peters Way, Ilkley, LS29 6NY, a Leasehold flat which sold for £149,000 in Oct 2023.
Read more about house prices in LS29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Derry Lane, Menston, Ilkley, LS29 has a total of 38 addresses. According to our analysis of all the public data, 41, Derry Lane, Ilkley is the 34th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £292k less expensive than the average property in LS29.
41, Derry Lane, Ilkley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Sep 2023.
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 41, Derry Lane, Ilkley is Menston station which is 800 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 41, Derry Lane, Ilkley, 36.1% of property is privately owned with a mortgage and 34.7% 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 41, Derry Lane, Ilkley, 20.1% of residents are recorded as possessing school level qualifications and 36.9% 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 41, Derry Lane, Ilkley, the average age was 44.8 and the most common age was 57.
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 41, Derry Lane, Ilkley, 0.6% 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 41, Derry Lane, Ilkley, there are an average of 1.3 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.