According to the public record, Flat 1, 256, Salisbury Terrace, York is a period leasehold apartment with 247 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
The apartment is in 256, Salisbury Terrace, York, YO26.
Salisbury Terrace, York, YO26 is located within the YO26 postal district.
Flat 1, 256, Salisbury Terrace, York has a single entry in the Land Registry database from May 2008 and a single entry in the EPC database dated December 2019.
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 1 256 Salisbury Terrace York as £135,664 and the rental value as £568 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of Flat 1 256 Salisbury Terrace York has increased by £4,032 (3.0%) and its rental value has increased by £1 per month (0.2%).
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 Flat 1, 256, Salisbury Terrace, York is in very good condition we estimate a sale value of £142,448 and rental value of £597 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £126,168 and a rental value of £528 per month.
If you were able to purchase this property for the estimated value of £135,664, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £667 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, 256, Salisbury Terrace, York was last sold on 06 May 2008 for £95,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2008, the market for similar properties has risen 42.0%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 1, 256, Salisbury Terrace, York within a radius of 670 metres over the last 2 years.
The most recent example is Flat 3, 256, Salisbury Terrace, York, YO26 4XP, a Leasehold flat which sold for £120,000 in Dec 2020.
Read more about house prices in YO26.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Salisbury Terrace, York, YO26 has a total of 54 addresses. According to our analysis of all the public data, Flat 1, 256, Salisbury Terrace, York is the 54th largest and the 53rd most expensive property on the street.
When compared to the postcode district it is £218k less expensive than the average property in YO26.
Flat 1, 256, Salisbury Terrace, York has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Dec 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 1, 256, Salisbury 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, 256, Salisbury Terrace, York, 51.8% of property is privately rented and 23.1% is privately owned with a mortgage.
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, 256, Salisbury Terrace, York, 14.7% of residents are recorded as possessing school level qualifications and 48.2% 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, 256, Salisbury 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, 256, Salisbury 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, 256, Salisbury 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.