According to the public record, Apartment 118 Core 3, Leetham House, York is a modern leasehold apartment with 1,184 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Leetham House, Palmer Street, York, YO1.
Palmer Street, York, YO1 is located within the YO1 postal district.
Apartment 118 Core 3, Leetham House, York has 2 entries in the Land Registry database, most recently in December 2022 and a single entry in the EPC database dated February 2017.
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 Apartment 118 Core 3 Leetham House York as £382,860 and the rental value as £1,918 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Apartment 118 Core 3 Leetham House York has increased by £8,364 (2.2%) and its rental value has increased by £37 per month (1.9%).
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 Apartment 118 Core 3, Leetham House, York is in very good condition we estimate a sale value of £402,003 and rental value of £2,014 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £356,060 and a rental value of £1,784 per month.
If you were able to purchase this property for the estimated value of £382,860, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,882 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, Apartment 118 Core 3, Leetham House, York was last sold on 02 Dec 2022 for £510,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2022, the market for similar properties has risen 3.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 118 Core 3, Leetham House, York within a radius of 240 metres over the last 2 years.
The most recent example is Apartment 109 Core 3, Leetham House, Palmer Street, York, YO1 7PD, a Leasehold flat which sold for £400,000 in Nov 2023.
Read more about house prices in YO1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Palmer Street, York, YO1 has a total of 65 addresses. According to our analysis of all the public data, Apartment 118 Core 3, Leetham House, York is the 9th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £61k more expensive than the average property in YO1.
Apartment 118 Core 3, Leetham House, York has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Feb 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
The closest station to Apartment 118 Core 3, Leetham House, York is York station which is 1.3 kilometres 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 Apartment 118 Core 3, Leetham House, York, 46.2% of property is privately owned outright and 23.1% 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 Apartment 118 Core 3, Leetham House, York, 92.5% of residents are recorded as possessing school level qualifications and 7.6% 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 Apartment 118 Core 3, Leetham 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 Apartment 118 Core 3, Leetham House, York, 0.3% 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 Apartment 118 Core 3, Leetham House, York, there are an average of 1.2 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.