According to the public record, 8, Earls Walk, Scunthorpe is a mid-century leasehold apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Earls Walk, Scunthorpe, DN16 is located within the DN16 postal district.
8, Earls Walk, Scunthorpe has a single entry in the Land Registry database from June 2019 and a single entry in the EPC database dated January 2019.
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 8 Earls Walk Scunthorpe as £52,393 and the rental value as £292 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 8 Earls Walk Scunthorpe has increased by £399 (0.8%) and its rental value has increased by £10 per month (3.3%).
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 8, Earls Walk, Scunthorpe is in very good condition we estimate a sale value of £55,013 and rental value of £306 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £48,726 and a rental value of £271 per month.
If you were able to purchase this property for the estimated value of £52,393, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £257 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, 8, Earls Walk, Scunthorpe was last sold on 14 Jun 2019 for £56,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2019, the market for similar properties has risen 17.7%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 8, Earls Walk, Scunthorpe within a radius of 560 metres over the last 2 years.
The most recent example is 34, Earls Walk, Scunthorpe, DN16 1HB, a Leasehold flat which sold for £48,000 in Jul 2022.
Read more about house prices in DN16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Earls Walk, Scunthorpe, DN16 has a total of 39 addresses. According to our analysis of all the public data, 8, Earls Walk, Scunthorpe is the 3rd largest and the 6th most expensive property on the street.
When compared to the postcode district it is £92k less expensive than the average property in DN16.
8, Earls Walk, Scunthorpe has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Jan 2019.
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 8, Earls Walk, Scunthorpe is Scunthorpe 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 8, Earls Walk, Scunthorpe, 71.7% of property is socially rented and 12.5% 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 8, Earls Walk, Scunthorpe, 19.5% of residents are recorded as possessing school level qualifications and 14.2% 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 8, Earls Walk, Scunthorpe, the average age was 38.1 and the most common age was 32.
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 8, Earls Walk, Scunthorpe, 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 8, Earls Walk, Scunthorpe, there are an average of 0.5 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.