According to the public record, 42, Derwent Way, York is a modern leasehold apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Derwent Way, York, YO31 is located within the YO31 postal district.
42, Derwent Way, York has a single entry in the Land Registry database from November 2019 and a single entry in the EPC database dated March 2019.
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 good condition, we estimate the current sale value for 42 Derwent Way York as £215,828 and the rental value as £1,007 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 42 Derwent Way York has increased by £7,316 (3.4%) and its rental value has increased by £31 per month (3.0%).
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 42, Derwent Way, York is in very good condition we estimate a sale value of £226,620 and rental value of £1,057 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £200,720 and a rental value of £936 per month.
If you were able to purchase this property for the estimated value of £215,828, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,061 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, 42, Derwent Way, York was last sold on 15 Nov 2019 for £92,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2019, the market for similar properties has risen 13.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42, Derwent Way, York within a radius of 580 metres over the last 2 years.
The most recent example is 100 Barron House, Derwent Way, York, YO31 0RQ, a Leasehold flat which sold for £215,000 in Mar 2023.
Read more about house prices in YO31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Derwent Way, York, YO31 has a total of 103 addresses. According to our analysis of all the public data, 42, Derwent Way, York is the 100th largest and the 100th most expensive property on the street.
When compared to the postcode district it is £106k less expensive than the average property in YO31.
42, Derwent Way, York has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Mar 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to 42, Derwent Way, York is York station which is 3.2 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 42, Derwent Way, York, 36.4% of property is privately rented and 27.3% 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 42, Derwent Way, York, 48.1% of residents are recorded as possessing school level qualifications and 33.3% 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 42, Derwent Way, York, the average age was 40.6 and the most common age was 22.
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 42, Derwent Way, York, 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 42, Derwent Way, 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.