According to the public record, Flat 1, Econ House 1, Ripon is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 554 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Econ House, Bondgate, Ripon, HG4.
Bondgate, Ripon, HG4 is located in the borough of Harrogate within the HG4 postal district.
Flat 1, Econ House 1, Ripon has 51 entries in the Land Registry database, most recently in December 2018 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 Econ House 1 Ripon as £127,768 and the rental value as £769 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of Flat 1 Econ House 1 Ripon has increased by £1,091 (0.9%) and its rental value has increased by £33 per month (4.3%).
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, Econ House 1, Ripon is in very good condition we estimate a sale value of £134,156 and rental value of £807 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £118,824 and a rental value of £715 per month.
If you were able to purchase this property for the estimated value of £127,768, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £628 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, Econ House 1, Ripon was last sold on 19 Dec 2018 for £112,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Dec 2018, the market for similar properties has risen 17.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Econ House 1, Ripon within a radius of 500 metres over the last 2 years.
The most recent example is Flat 2, Econ House 1, Bondgate, Ripon, HG4 1QD, a Leasehold flat which sold for £127,000 in Apr 2022.
Read more about house prices in HG4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bondgate, Ripon, HG4 has a total of 79 addresses. According to our analysis of all the public data, Flat 1, Econ House 1, Ripon is the 57th largest and the 60th most expensive property on the street.
When compared to the postcode district it is £201k less expensive than the average property in HG4.
The closest station to Flat 1, Econ House 1, Ripon is Knaresborough station which is 14.1 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, Econ House 1, Ripon, 32.6% of property is privately owned outright and 26.4% is privately 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 Flat 1, Econ House 1, Ripon, 13.3% of residents are recorded as possessing school level qualifications and 28.5% 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, Econ House 1, Ripon, the average age was 45.4 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 Flat 1, Econ House 1, Ripon, 1.5% 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, Econ House 1, Ripon, 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.