According to the public record, Apartment 3, Burton Chambers 28-29, Ripon is a modern leasehold apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Burton Chambers, Market Place West, Ripon, HG4.
Market Place West, Ripon, HG4 is located in the borough of Harrogate within the HG4 postal district.
Apartment 3, Burton Chambers 28-29, Ripon has a single entry in the Land Registry database from February 2021 and a single entry in the EPC database dated February 2020.
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 good condition, we estimate the current sale value for Apartment 3 Burton Chambers 28-29 Ripon as £143,281 and the rental value as £825 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of Apartment 3 Burton Chambers 28-29 Ripon has increased by £1,233 (0.9%) and its rental value has increased by £35 per month (4.3%).
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 Apartment 3, Burton Chambers 28-29, Ripon is in very good condition we estimate a sale value of £150,445 and rental value of £866 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £133,251 and a rental value of £767 per month.
If you were able to purchase this property for the estimated value of £143,281, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £704 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 3, Burton Chambers 28-29, Ripon was last sold on 17 Feb 2021 for £129,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2021, the market for similar properties has risen 12.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 3, Burton Chambers 28-29, Ripon within a radius of 520 metres over the last 2 years.
The most recent example is Flat 36, Riverside House, Williamson Close, Ripon, HG4 1AZ, a Leasehold flat which sold for £152,500 in May 2024.
Read more about house prices in HG4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Market Place West, Ripon, HG4 has a total of 12 addresses. According to our analysis of all the public data, Apartment 3, Burton Chambers 28-29, Ripon is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £186k less expensive than the average property in HG4.
Apartment 3, Burton Chambers 28-29, Ripon has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Feb 2020.
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 3, Burton Chambers 28-29, Ripon is Thirsk station which is 14.2 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 3, Burton Chambers 28-29, Ripon, 67.2% of property is privately rented and 19.4% is privately owned outright.
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 3, Burton Chambers 28-29, Ripon, 5.7% of residents are recorded as possessing school level qualifications and 34.8% 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 3, Burton Chambers 28-29, Ripon, the average age was 43.3 and the most common age was 17.
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 3, Burton Chambers 28-29, Ripon, 1.1% 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 3, Burton Chambers 28-29, Ripon, there are an average of 0.8 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.