According to the public record, 5, Prospect House, York is a mid-century Leasehold apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Prospect House, York, YO1 is located within the YO1 postal district.
5, Prospect House, York has 41 entries in the Land Registry database, most recently in June 2019 and a single entry in the EPC database dated September 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 Prospect House York as £162,400 and the rental value as £993 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 5 Prospect House York has increased by £3,289 (2.0%) and its rental value has increased by £17 per month (1.7%).
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 5, Prospect House, York is in very good condition we estimate a sale value of £170,520 and rental value of £1,043 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £151,032 and a rental value of £923 per month.
If you were able to purchase this property for the estimated value of £162,400, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £798 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, Prospect House, York was last sold on 20 Jun 2019 for £155,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jun 2019, the market for similar properties has risen 8.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Prospect House, York within a radius of 350 metres over the last 2 years.
The most recent example is 14, Victor Street, York, YO1 6HQ, a Leasehold flat which sold for £194,000 in Sep 2022.
Read more about house prices in YO1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Prospect House, York, YO1 has a total of 12 addresses. According to our analysis of all the public data, 5, Prospect House, York is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £160k less expensive than the average property in YO1.
5, Prospect House, York has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Sep 2021.
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 5, Prospect House, 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, Prospect House, York, 47.1% of property is privately owned outright and 23.9% 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, Prospect House, York, 13.1% of residents are recorded as possessing school level qualifications and 60.3% 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 5, Prospect House, 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, Prospect House, York, 4.7% 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, Prospect House, York, there are an average of 0.7 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.