According to the public record, Flat 3, 38, Commercial Street, Shipley is a period apartment with 473 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 38, Commercial Street, Shipley, BD18.
Commercial Street, Shipley, BD18 is located in the borough of Bradford within the BD18 postal district.
Flat 3, 38, Commercial Street, Shipley has no records in the Land Registry database and a single entry in the EPC database dated October 2021.
We combine this information with public data 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 3 38 Commercial Street Shipley as £55,908 and the rental value as £371 per month giving an expected gross yield of 8%.
Over the last 12 months the sale value of Flat 3 38 Commercial Street Shipley has increased by £1,352 (2.4%) and its rental value has decreased by £3 per month (0.7%).
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 3, 38, Commercial Street, Shipley is in very good condition we estimate a sale value of £58,703 and rental value of £390 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £51,994 and a rental value of £345 per month.
If you were able to purchase this property for the estimated value of £55,908, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £275 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 the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Flat 3, 38, Commercial Street, Shipley within a radius of 590 metres over the last 2 years.
The most recent example is 182, Wycliffe Gardens, Shipley, BD18 3JB, a Leasehold flat which sold for £53,500 in Apr 2015.
Read more about house prices in BD18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Commercial Street, Shipley, BD18 has a total of 12 addresses. According to our analysis of all the public data, Flat 3, 38, Commercial Street, Shipley is the 8th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £138k less expensive than the average property in BD18.
Flat 3, 38, Commercial Street, Shipley has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 Oct 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 3, 38, Commercial Street, Shipley is Shipley (Yorks) station which is 400 metres 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 3, 38, Commercial Street, Shipley, 35.5% of property is privately rented and 26.6% 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 3, 38, Commercial Street, Shipley, 26.1% of residents are recorded as possessing school level qualifications and 14.6% 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 3, 38, Commercial Street, Shipley, the average age was 39.6 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 3, 38, Commercial Street, Shipley, 0.2% 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 3, 38, Commercial Street, Shipley, 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.