According to the public record, 41, Slack Lane, Wakefield is a period freehold house with 939 ft2 of internal area and sits on a 121 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Slack Lane, Newmillerdam, Wakefield, WF2 is located in the borough of Wakefield within the WF2 postal district.
41, Slack Lane, Wakefield has 51 entries in the Land Registry database, most recently in July 2020 and a single entry in the EPC database dated October 2011.
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 Slack Lane Wakefield as £308,213 and the rental value as £1,115 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 41 Slack Lane Wakefield has increased by £4,489 (1.5%) and its rental value has increased by £8 per month (0.7%).
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, Slack Lane, Wakefield is in very good condition we estimate a sale value of £323,624 and rental value of £1,171 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £286,638 and a rental value of £1,037 per month.
If you were able to purchase this property for the estimated value of £308,213, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,515 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, Slack Lane, Wakefield sits on a plot of 121m2.
We have plot size data on 10 out of 14 other houses in the postcode and 41, Slack Lane, Wakefield sits on the 5th largest plot.
According to HM Land Registry, 41, Slack Lane, Wakefield was last sold on 31 Jul 2020 for £248,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Jul 2020, the market for similar properties has risen 20.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, Slack Lane, Wakefield within a radius of 930 metres over the last 2 years.
The most recent example is 43, Slack Lane, Wakefield, WF2 7SW, a Freehold house which sold for £405,000 in Aug 2022.
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, 41, Slack Lane, Wakefield is the 16th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £75k more expensive than the average property in WF2.
41, Slack Lane, Wakefield has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Oct 2011.
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, 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 41, 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 41, 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 41, 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 41, 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 41, 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.