According to the public record, Apartment 5, Chapel Apartments , York is a modern leasehold apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Chapel Apartments, Union Terrace, York, YO31.
Union Terrace, York, YO31 is located within the YO31 postal district.
Apartment 5, Chapel Apartments , York has a single entry in the Land Registry database from April 2018 and a single entry in the EPC database dated January 2018.
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 5 Chapel Apartments York as £255,238 and the rental value as £1,056 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of Apartment 5 Chapel Apartments York has increased by £7,283 (2.9%) and its rental value has increased by £24 per month (2.3%).
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 5, Chapel Apartments , York is in very good condition we estimate a sale value of £268,000 and rental value of £1,108 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £237,371 and a rental value of £982 per month.
If you were able to purchase this property for the estimated value of £255,238, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,254 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 5, Chapel Apartments , York was last sold on 05 Apr 2018 for £255,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2018, the market for similar properties has risen 16.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 5, Chapel Apartments , York within a radius of 430 metres over the last 2 years.
The most recent example is Apartment 6, Chapel Apartments , Union Terrace, York, YO31 7ES, a Leasehold flat which sold for £235,000 in Apr 2019.
Read more about house prices in YO31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Union Terrace, York, YO31 has a total of 44 addresses. According to our analysis of all the public data, Apartment 5, Chapel Apartments , York is the 25th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £67k less expensive than the average property in YO31.
Apartment 5, Chapel Apartments , York has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Jan 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Apartment 5, Chapel Apartments , York is York station which is 1.3 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 5, Chapel Apartments , York, 50.3% of property is privately rented and 22.9% 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 5, Chapel Apartments , York, 31.8% of residents are recorded as possessing school level qualifications and 60.1% 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 5, Chapel Apartments , York, the average age was 37.4 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 5, Chapel Apartments , York, 2.7% 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 5, Chapel Apartments , York, there are an average of 0.7 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.