According to the public record, Apartment 4, Milan House, York is a modern leasehold apartment with 794 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Milan House, Eboracum Way, York, YO31.
Eboracum Way, York, YO31 is located within the YO31 postal district.
Apartment 4, Milan House, York has 2 entries in the Land Registry database, most recently in September 2019 and a single entry in the EPC database dated July 2010.
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 4 Milan House York as £231,801 and the rental value as £1,050 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of Apartment 4 Milan House York has increased by £7,023 (3.0%) and its rental value has increased by £26 per month (2.4%).
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 4, Milan House, York is in very good condition we estimate a sale value of £243,391 and rental value of £1,103 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £215,575 and a rental value of £977 per month.
If you were able to purchase this property for the estimated value of £231,801, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,139 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 4, Milan House, York was last sold on 20 Sep 2019 for £217,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2019, the market for similar properties has risen 13.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 4, Milan House, York within a radius of 370 metres over the last 2 years.
The most recent example is Apartment 24, Milan House, Eboracum Way, York, YO31 7SS, a Leasehold flat which sold for £200,000 in Sep 2023.
Read more about house prices in YO31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Eboracum Way, York, YO31 has a total of 173 addresses. According to our analysis of all the public data, Apartment 4, Milan House, York is the 45th largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £90k less expensive than the average property in YO31.
Apartment 4, Milan House, York has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Jul 2010.
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 4, Milan House, York is York station which is 1.5 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 4, Milan House, York, 55.8% of property is privately rented and 22.5% is socially 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 4, Milan House, York, 15.6% of residents are recorded as possessing school level qualifications and 58.0% 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 4, Milan House, York, the average age was 34.6 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 4, Milan House, York, 0.4% 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 4, Milan House, York, 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.