According to the public record, Flat 1, 2, Garfield Terrace, York is a modern leasehold apartment with 322 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 2, Garfield Terrace, York, YO26.
Garfield Terrace, York, YO26 is located within the YO26 postal district.
Flat 1, 2, Garfield Terrace, York has 41 entries in the Land Registry database, most recently in January 2022 and a single entry in the EPC database dated September 2013.
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 Flat 1 2 Garfield Terrace York as £132,560 and the rental value as £604 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of Flat 1 2 Garfield Terrace York has increased by £3,650 (2.8%) and its rental value has increased by £2 per month (0.3%).
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 Flat 1, 2, Garfield Terrace, York is in very good condition we estimate a sale value of £139,188 and rental value of £635 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £123,281 and a rental value of £562 per month.
If you were able to purchase this property for the estimated value of £132,560, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £651 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, Flat 1, 2, Garfield Terrace, York was last sold on 07 Jan 2022 for £114,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jan 2022, the market for similar properties has risen 8.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 2, Garfield Terrace, York within a radius of 650 metres over the last 2 years.
The most recent example is 3, Bright Street, York, YO26 4XS, a Leasehold flat which sold for £115,000 in Jun 2023.
Read more about house prices in YO26.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Garfield Terrace, York, YO26 has a total of 87 addresses. According to our analysis of all the public data, Flat 1, 2, Garfield Terrace, York is the 84th largest and the 84th most expensive property on the street.
When compared to the postcode district it is £221k less expensive than the average property in YO26.
Flat 1, 2, Garfield Terrace, York has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 Sep 2013.
The property is not connected to mains gas and has single glazed windows. It is heated using electric storage heaters.
The closest station to Flat 1, 2, Garfield Terrace, York is York station which is 1.1 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 Flat 1, 2, Garfield Terrace, York, 42.6% of property is privately rented and 24.8% 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 Flat 1, 2, Garfield Terrace, York, 15.8% of residents are recorded as possessing school level qualifications and 33.8% 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 Flat 1, 2, Garfield Terrace, York, the average age was 39.5 and the most common age was 27.
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 Flat 1, 2, Garfield Terrace, York, 0.0% 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 Flat 1, 2, Garfield Terrace, York, 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.