According to the public record, Apartment 2, The Old Chapel, York is a modern leasehold apartment with 484 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in The Old Chapel, Front Street, Acomb, York, YO24.
Front Street, Acomb, York, YO24 is located within the YO24 postal district.
Apartment 2, The Old Chapel, York has 2 entries in the Land Registry database, most recently in February 2015 and a single entry in the EPC database dated December 2014.
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 2 The Old Chapel York as £164,250 and the rental value as £748 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of Apartment 2 The Old Chapel York has increased by £3,321 (2.0%) and its rental value has decreased by £46 per month (6.1%).
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 2, The Old Chapel, York is in very good condition we estimate a sale value of £172,463 and rental value of £785 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £152,753 and a rental value of £696 per month.
If you were able to purchase this property for the estimated value of £164,250, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £807 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 2, The Old Chapel, York was last sold on 05 Feb 2015 for £125,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2015, the market for similar properties has risen 38.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 2, The Old Chapel, York within a radius of 530 metres over the last 2 years.
The most recent example is Apartment 1, Highcroft Court, Front Street, York, YO24 3BR, a Leasehold flat which sold for £150,000 in Dec 2021.
Read more about house prices in YO24.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Front Street, Acomb, York, YO24 has a total of 152 addresses. According to our analysis of all the public data, Apartment 2, The Old Chapel, York is the 89th largest and the 76th most expensive property on the street.
When compared to the postcode district it is £163k less expensive than the average property in YO24.
Apartment 2, The Old Chapel, York has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Dec 2014.
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 Apartment 2, The Old Chapel, York is York station which is 2.5 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 2, The Old Chapel, York, 43.8% of property is privately owned outright and 34.6% 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 2, The Old Chapel, York, 13.9% of residents are recorded as possessing school level qualifications and 42.0% 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 2, The Old Chapel, York, the average age was 41.2 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 Apartment 2, The Old Chapel, York, 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 Apartment 2, The Old Chapel, 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.