According to the public record, Flat 1, 5, Spen Road, Leeds is a period leasehold apartment with 1,279 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
The apartment is in 5, Spen Road, Leeds, LS16.
Spen Road, Leeds, LS16 is located in the borough of Leeds within the LS16 postal district.
Flat 1, 5, Spen Road, Leeds has 31 entries in the Land Registry database, most recently in February 2021 and a single entry in the EPC database dated March 2011.
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 5 Spen Road Leeds as £345,354 and the rental value as £1,390 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of Flat 1 5 Spen Road Leeds has increased by £4,247 (1.2%) and its rental value has increased by £55 per month (4.0%).
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, 5, Spen Road, Leeds is in very good condition we estimate a sale value of £362,622 and rental value of £1,460 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £321,180 and a rental value of £1,293 per month.
If you were able to purchase this property for the estimated value of £345,354, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,697 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, 5, Spen Road, Leeds was last sold on 26 Feb 2021 for £395,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Feb 2021, the market for similar properties has risen 12.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 5, Spen Road, Leeds within a radius of 680 metres over the last 2 years.
The most recent example is 28, Kepstorn Road, Leeds, LS16 5HT, a Leasehold flat which sold for £299,999 in Sep 2021.
Read more about house prices in LS16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spen Road, Leeds, LS16 has a total of 34 addresses. According to our analysis of all the public data, Flat 1, 5, Spen Road, Leeds is the 20th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £3k less expensive than the average property in LS16.
Flat 1, 5, Spen Road, Leeds has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 Mar 2011.
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, 5, Spen Road, Leeds is Headingley station which is 1.7 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 Flat 1, 5, Spen Road, Leeds, 51.2% of property is privately rented and 24.4% 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, 5, Spen Road, Leeds, 18.1% of residents are recorded as possessing school level qualifications and 74.8% 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, 5, Spen Road, Leeds, the average age was 37.3 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 Flat 1, 5, Spen Road, Leeds, 0.5% 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, 5, Spen Road, Leeds, 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.