According to the public record, 5, Cambridge Mews, York is a modern leasehold apartment with 290 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Cambridge Mews, York, YO24 is located within the YO24 postal district.
5, Cambridge Mews, York has 21 entries in the Land Registry database, most recently in June 2017 and a single entry in the EPC database dated February 2021.
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 5 Cambridge Mews York as £102,148 and the rental value as £511 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 5 Cambridge Mews York has increased by £1,353 (1.3%) and its rental value has increased by £1 per month (0.1%).
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 5, Cambridge Mews, York is in very good condition we estimate a sale value of £107,256 and rental value of £537 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £94,998 and a rental value of £476 per month.
If you were able to purchase this property for the estimated value of £102,148, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £502 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, 5, Cambridge Mews, York was last sold on 05 Jun 2017 for £86,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2017, the market for similar properties has risen 15.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Cambridge Mews, York within a radius of 570 metres over the last 2 years.
The most recent example is 8, Cambridge Mews, York, YO24 4BU, a Leasehold flat which sold for £105,000 in Aug 2020.
Read more about house prices in YO24.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cambridge Mews, York, YO24 has a total of 8 addresses. According to our analysis of all the public data, 5, Cambridge Mews, York is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £225k less expensive than the average property in YO24.
5, Cambridge Mews, York has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Feb 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 5, Cambridge Mews, York is York station which is 500 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 5, Cambridge Mews, York, 63.0% of property is socially rented and 22.2% 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 5, Cambridge Mews, York, 11.8% of residents are recorded as possessing school level qualifications and 35.7% 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 5, Cambridge Mews, York, the average age was 37.4 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 5, Cambridge Mews, 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 5, Cambridge Mews, York, there are an average of 0.4 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.