According to the public record, Apartment 22, Masters House, Bridlington is a modern leasehold apartment with 441 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Masters House, Scholars Way, Bridlington, YO16.
Scholars Way, Bridlington, YO16 is located within the YO16 postal district.
Apartment 22, Masters House, Bridlington has 3 entries in the Land Registry database, most recently in March 2022 and a single entry in the EPC database dated July 2021.
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 22 Masters House Bridlington as £70,939 and the rental value as £414 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of Apartment 22 Masters House Bridlington has increased by £2,043 (2.9%) and its rental value has increased by £23 per month (5.7%).
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 22, Masters House, Bridlington is in very good condition we estimate a sale value of £74,486 and rental value of £435 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £65,973 and a rental value of £385 per month.
If you were able to purchase this property for the estimated value of £70,939, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £349 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 22, Masters House, Bridlington was last sold on 21 Mar 2022 for £64,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Mar 2022, the market for similar properties has risen 3.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 22, Masters House, Bridlington within a radius of 430 metres over the last 2 years.
The most recent example is Apartment 3, Masters House, Scholars Way, Bridlington, YO16 4HR, a Leasehold flat which sold for £61,750 in Nov 2021.
Read more about house prices in YO16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Scholars Way, Bridlington, YO16 has a total of 55 addresses. According to our analysis of all the public data, Apartment 22, Masters House, Bridlington is the 55th largest and the 55th most expensive property on the street.
When compared to the postcode district it is £101k less expensive than the average property in YO16.
Apartment 22, Masters House, Bridlington has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Jul 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Apartment 22, Masters House, Bridlington is Bridlington station which is 800 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 Apartment 22, Masters House, Bridlington, 42.0% of property is privately rented and 28.0% 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 Apartment 22, Masters House, Bridlington, 23.6% of residents are recorded as possessing school level qualifications and 20.7% 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 22, Masters House, Bridlington, the average age was 51.2 and the most common age was 72.
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 22, Masters House, Bridlington, 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 22, Masters House, Bridlington, there are an average of 1.1 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.