According to the public record, Flat 3, 8, New Station Street, Leeds is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 681 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 8, New Station Street, Leeds, LS1.
New Station Street, Leeds, LS1 is located in the borough of Leeds within the LS1 postal district.
Flat 3, 8, New Station Street, Leeds has a single entry in the Land Registry database from April 2021 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 3 8 New Station Street Leeds as £136,660 and the rental value as £933 per month giving an expected gross yield of 8.2%.
Over the last 12 months the sale value of Flat 3 8 New Station Street Leeds has decreased by £701 (0.5%) and its rental value has increased by £26 per month (2.8%).
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, 8, New Station Street, Leeds is in very good condition we estimate a sale value of £143,493 and rental value of £980 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £127,094 and a rental value of £868 per month.
If you were able to purchase this property for the estimated value of £136,660, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £672 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 3, 8, New Station Street, Leeds was last sold on 09 Apr 2021 for £165,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2021, the market for similar properties has dropped 2.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 8, New Station Street, Leeds within a radius of 405m over the last 2 years.
The most recent example is Flat 9, 8, New Station Street, Leeds, LS1 5AD, a Leasehold flat which sold for £140,000 in Sep 2021.
Read more about house prices in LS1.
New Station Street, Leeds, LS1 has a total of 16 addresses. According to our analysis of all the public data, Flat 3, 8, New Station Street, Leeds is the 6th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £32k less expensive than the average property in LS1.
The closest station to Flat 3, 8, New Station Street, Leeds is Leeds station which is 200 m 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, 8, New Station Street, Leeds, 70.0% of property is privately rented and 15.6% 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, 8, New Station Street, Leeds, 35.1% of residents are recorded as possessing school level qualifications and 62.9% 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, 8, New Station Street, Leeds, the average age was 26.1 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 3, 8, New Station Street, Leeds, 0.7% 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, 8, New Station Street, Leeds, there are an average of 0.3 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.