According to the public record, 5 Montpellier Apartments, Parliament Terrace, Harrogate is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 568 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 5, Parliament Terrace, Harrogate, HG1.
Parliament Terrace, Harrogate, HG1 is located in the borough of Harrogate within the HG1 postal district.
5 Montpellier Apartments, Parliament Terrace, Harrogate has 161 entries in the Land Registry database, most recently in October 2018 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 5 Montpellier Apartments Parliament Terrace Harrogate as £175,985 and the rental value as £867 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 5 Montpellier Apartments Parliament Terrace Harrogate has increased by £241 (0.1%) and its rental value has increased by £27 per month (3.1%).
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 Montpellier Apartments, Parliament Terrace, Harrogate is in very good condition we estimate a sale value of £184,784 and rental value of £910 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £163,666 and a rental value of £806 per month.
If you were able to purchase this property for the estimated value of £175,985, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £865 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 Montpellier Apartments, Parliament Terrace, Harrogate was last sold on 23 Nov 2018 for £280,000 and was recorded as a leasehold flat.
The property has had 16 sales since 1995.
Since Nov 2018, the market for similar properties has risen 11.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5 Montpellier Apartments, Parliament Terrace, Harrogate within a radius of 8m over the last 2 years.
The most recent example is 3 Montpellier Apartments, Parliament Terrace, Harrogate, HG1 2QY, a Leasehold flat which sold for £310,000 in Oct 2022.
Read more about house prices in HG1.
Parliament Terrace, Harrogate, HG1 has a total of 16 addresses. According to our analysis of all the public data, 5 Montpellier Apartments, Parliament Terrace, Harrogate is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £140k less expensive than the average property in HG1.
The closest station to 5 Montpellier Apartments, Parliament Terrace, Harrogate is Harrogate station which is 400 m away.