According to the public record, 80, Balne Lane, Wakefield is a early-century freehold house with 828 ft2 of internal area and sits on a 376 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Balne Lane, Wakefield, WF2 is located in the borough of Wakefield within the WF2 postal district.
80, Balne Lane, Wakefield has a single entry in the Land Registry database from December 2018 and a single entry in the EPC database dated April 2023.
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 80 Balne Lane Wakefield as £187,557 and the rental value as £967 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 80 Balne Lane Wakefield has increased by £9,632 (5.1%) and its rental value has increased by £27 per month (2.8%).
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 80, Balne Lane, Wakefield is in very good condition we estimate a sale value of £196,934 and rental value of £1,015 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £174,428 and a rental value of £899 per month.
If you were able to purchase this property for the estimated value of £187,557, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £922 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 data from HM Land Registry, 80, Balne Lane, Wakefield sits on a plot of 376m2.
We have plot size data on 6 out of 8 other houses in the postcode and 80, Balne Lane, Wakefield sits on the 3rd largest plot.
According to HM Land Registry, 80, Balne Lane, Wakefield was last sold on 05 Dec 2018 for £133,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2018, the market for similar properties has risen 37.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 80, Balne Lane, Wakefield within a radius of 530 metres over the last 2 years.
The most recent example is 55, Balne Lane, Wakefield, WF2 0DN, a Freehold house which sold for £162,500 in Nov 2023.
Read more about house prices in WF2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Balne Lane, Wakefield, WF2 has a total of 106 addresses. According to our analysis of all the public data, 80, Balne Lane, Wakefield is the 84th largest and the 36th most expensive property on the street.
When compared to the postcode district it is £46k less expensive than the average property in WF2.
80, Balne Lane, Wakefield has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 Apr 2023.
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 80, Balne Lane, Wakefield is Wakefield Westgate station which is 600 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 80, Balne Lane, Wakefield, 72.5% of property is privately rented and 17.5% 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 80, Balne Lane, Wakefield, 11.9% of residents are recorded as possessing school level qualifications and 53.9% 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 80, Balne Lane, Wakefield, the average age was 38.5 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 80, Balne Lane, Wakefield, 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 80, Balne Lane, Wakefield, there are an average of 0.6 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.