According to the public record, Apartment 40, Venice House, York is a modern apartment with 775 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Venice House, Eboracum Way, York, YO31.
Eboracum Way, York, YO31 is located within the YO31 postal district.
Apartment 40, Venice House, York has no records in the Land Registry database and a single entry in the EPC database dated February 2024.
We combine this information with public data 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 40 Venice House York as £226,373 and the rental value as £1,064 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of Apartment 40 Venice House York has increased by £7,401 (3.3%) and its rental value has increased by £28 per month (2.7%).
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 40, Venice House, York is in very good condition we estimate a sale value of £237,691 and rental value of £1,117 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £210,527 and a rental value of £990 per month.
If you were able to purchase this property for the estimated value of £226,373, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,113 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 40, Venice 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 40, Venice House, York is the 50th largest and the 49th most expensive property on the street.
When compared to the postcode district it is £96k less expensive than the average property in YO31.
Apartment 40, Venice House, York has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Feb 2024.
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 40, Venice 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 40, Venice 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 40, Venice 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 40, Venice 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 40, Venice 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 40, Venice 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.