According to the public record, Apartment 49, The Silk Mill, Elland is a modern leasehold apartment with 764 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in The Silk Mill, Dewsbury Road, Elland, HX5.
Dewsbury Road, Elland, HX5 is located in the borough of Calderdale within the HX5 postal district.
Apartment 49, The Silk Mill, Elland has 2 entries in the Land Registry database, most recently in June 2020 and a single entry in the EPC database dated November 2022.
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 49 The Silk Mill Elland as £121,152 and the rental value as £707 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of Apartment 49 The Silk Mill Elland has increased by £4,872 (4.0%) and its rental value has increased by £23 per month (3.2%).
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 49, The Silk Mill, Elland is in very good condition we estimate a sale value of £127,210 and rental value of £742 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £112,672 and a rental value of £657 per month.
If you were able to purchase this property for the estimated value of £121,152, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £595 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 49, The Silk Mill, Elland was last sold on 30 Jun 2020 for £100,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2020, the market for similar properties has risen 16.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 49, The Silk Mill, Elland within a radius of 590 metres over the last 2 years.
The most recent example is Apartment 32, The Silk Mill, Dewsbury Road, Elland, HX5 9AR, a Leasehold flat which sold for £84,500 in Aug 2022.
Read more about house prices in HX5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Dewsbury Road, Elland, HX5 has a total of 129 addresses. According to our analysis of all the public data, Apartment 49, The Silk Mill, Elland is the 88th largest and the 99th most expensive property on the street.
When compared to the postcode district it is £103k less expensive than the average property in HX5.
Apartment 49, The Silk Mill, Elland has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Nov 2022.
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 49, The Silk Mill, Elland is Brighouse station which is 3.7 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 49, The Silk Mill, Elland, 79.2% of property is privately rented and 8.2% 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 49, The Silk Mill, Elland, 9.5% of residents are recorded as possessing school level qualifications and 41.4% 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 49, The Silk Mill, Elland, the average age was 41 and the most common age was 57.
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 49, The Silk Mill, Elland, 0.3% 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 49, The Silk Mill, Elland, 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.