According to the public record, 41, New Lane, York is a early-century freehold house with 1,119 ft2 of internal area and sits on a 213 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
New Lane, York, YO24 is located within the YO24 postal district.
41, New Lane, York has 41 entries in the Land Registry database, most recently in August 2023 and a single entry in the EPC database dated February 2023.
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 41 New Lane York as £415,842 and the rental value as £1,227 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of 41 New Lane York has increased by £6,807 (1.6%) and its rental value has decreased by £63 per month (5.1%).
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, New Lane, York is in very good condition we estimate a sale value of £436,634 and rental value of £1,289 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £386,733 and a rental value of £1,141 per month.
If you were able to purchase this property for the estimated value of £415,842, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,044 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, 41, New Lane, York sits on a plot of 213m2.
We have plot size data on 8 out of 17 other houses in the postcode and 41, New Lane, York sits on the 4th largest plot.
According to HM Land Registry, 41, New Lane, York was last sold on 04 Aug 2023 for £425,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Aug 2023, the market for similar properties has risen 1.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, New Lane, York within a radius of 560 metres over the last 2 years.
The most recent example is 55, New Lane, York, YO24 4NU, a Freehold house which sold for £293,000 in Jan 2021.
Read more about house prices in YO24.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
New Lane, York, YO24 has a total of 46 addresses. According to our analysis of all the public data, 41, New Lane, York is the 16th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £89k more expensive than the average property in YO24.
41, New Lane, York has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Feb 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, New Lane, York is York station which is 1.3 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 41, New Lane, York, 43.7% of property is privately owned with a mortgage and 41.2% 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, New Lane, York, 20.4% of residents are recorded as possessing school level qualifications and 42.6% 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 41, New Lane, York, the average age was 39.5 and the most common age was 27.
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, New Lane, York, 0.0% 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, New Lane, York, 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.