According to the public record, Flat 3, St. Michaels Lodge, York is a mid-century leasehold apartment with 344 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in St. Michaels Lodge, Tanner Row, York, YO1.
Tanner Row, York, YO1 is located within the YO1 postal district.
Flat 3, St. Michaels Lodge, York has 31 entries in the Land Registry database, most recently in April 2019 and a single entry in the EPC database dated September 2018.
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 3 St. Michaels Lodge York as £132,470 and the rental value as £834 per month giving an expected gross yield of 7.6%.
Over the last 12 months the sale value of Flat 3 St. Michaels Lodge York has increased by £2,220 (1.7%) and its rental value has increased by £10 per month (1.2%).
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 3, St. Michaels Lodge, York is in very good condition we estimate a sale value of £139,093 and rental value of £876 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £123,197 and a rental value of £776 per month.
If you were able to purchase this property for the estimated value of £132,470, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £651 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, St. Michaels Lodge, York was last sold on 18 Apr 2019 for £123,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Apr 2019, the market for similar properties has risen 10.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, St. Michaels Lodge, York within a radius of 470 metres over the last 2 years.
The most recent example is Flat C, 48, Micklegate, York, YO1 6LF, a Leasehold flat which sold for £146,000 in Apr 2022.
Read more about house prices in YO1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tanner Row, York, YO1 has a total of 39 addresses. According to our analysis of all the public data, Flat 3, St. Michaels Lodge, York is the 38th largest and the 38th most expensive property on the street.
When compared to the postcode district it is £190k less expensive than the average property in YO1.
Flat 3, St. Michaels Lodge, York has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 19 Sep 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 3, St. Michaels Lodge, York is York station which is 300 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, St. Michaels Lodge, York, 76.0% of property is privately rented and 11.5% is socially 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 3, St. Michaels Lodge, York, 17.5% of residents are recorded as possessing school level qualifications and 60.4% 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, St. Michaels Lodge, York, the average age was 37.4 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, St. Michaels Lodge, York, 1.2% 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, St. Michaels Lodge, York, there are an average of 0.5 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.