According to the public record, 7, Chancery Rise, York is a modern leasehold apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Chancery Rise, York, YO24 is located within the YO24 postal district.
7, Chancery Rise, York has 21 entries in the Land Registry database, most recently in May 2024 and a single entry in the EPC database dated September 2020.
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 7 Chancery Rise York as £181,915 and the rental value as £780 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 7 Chancery Rise York has increased by £3,507 (1.9%) and its rental value has decreased by £14 per month (1.8%).
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 7, Chancery Rise, York is in very good condition we estimate a sale value of £191,011 and rental value of £819 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £169,181 and a rental value of £726 per month.
If you were able to purchase this property for the estimated value of £181,915, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £894 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, 7, Chancery Rise, York was last sold on 01 May 2024 for £168,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2024, the market for similar properties has risen 0.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Chancery Rise, York within a radius of 570 metres over the last 2 years.
The most recent example is 4, Chancery Rise, York, YO24 4DG, a Leasehold flat which sold for £185,000 in Sep 2023.
Read more about house prices in YO24.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chancery Rise, York, YO24 has a total of 32 addresses. According to our analysis of all the public data, 7, Chancery Rise, York is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £145k less expensive than the average property in YO24.
7, Chancery Rise, York has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Sep 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 7, Chancery Rise, York is York station which is 900 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 7, Chancery Rise, York, 45.3% of property is privately rented and 28.2% 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 7, Chancery Rise, York, 12.3% of residents are recorded as possessing school level qualifications and 48.8% 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 7, Chancery Rise, York, the average age was 39.5 and the most common age was 27.
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 7, Chancery Rise, York, 1.3% 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 7, Chancery Rise, 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.