According to the public record, Islands House 48, York is a modern leasehold apartment with 669 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Islands House, Dennison Street, York, YO31.
Dennison Street, York, YO31 is located within the YO31 postal district.
Islands House 48, York has 3 entries in the Land Registry database, most recently in June 2018 and a single entry in the EPC database dated May 2010.
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 Islands House 48 York as £241,481 and the rental value as £1,053 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of Islands House 48 York has increased by £8,452 (3.5%) and its rental value has increased by £27 per month (2.6%).
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 Islands House 48, York is in very good condition we estimate a sale value of £253,555 and rental value of £1,105 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £224,577 and a rental value of £979 per month.
If you were able to purchase this property for the estimated value of £241,481, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,187 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, Islands House 48, York was last sold on 22 Jun 2018 for £170,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jun 2018, the market for similar properties has risen 19.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Islands House 48, York within a radius of 410 metres over the last 2 years.
The most recent example is 5 Drummond House, College Mews, York, YO31 7SH, a Leasehold flat which sold for £207,500 in Sep 2023.
Read more about house prices in YO31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Dennison Street, York, YO31 has a total of 26 addresses. According to our analysis of all the public data, Islands House 48, York is the 16th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £81k less expensive than the average property in YO31.
Islands House 48, York has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 May 2010.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
The closest station to Islands House 48, York is York station which is 1.7 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 Islands House 48, York, 35.8% of property is privately owned outright and 33.5% is privately rented.
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 Islands House 48, York, 17.3% of residents are recorded as possessing school level qualifications and 64.7% 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 Islands House 48, York, the average age was 34.6 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 Islands House 48, York, 1.8% 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 Islands House 48, York, there are an average of 0.9 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.