According to the public record, Flat 4, 16, Heslington Lane, York is a period leasehold apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 16, Heslington Lane, York, YO10.
Heslington Lane, York, YO10 is located within the YO10 postal district.
Flat 4, 16, Heslington Lane, York has 2 entries in the Land Registry database, most recently in April 2016 and a single entry in the EPC database dated June 2022.
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 4 16 Heslington Lane York as £192,915 and the rental value as £1,020 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 4 16 Heslington Lane York has increased by £6,537 (3.4%) and its rental value has increased by £28 per month (2.7%).
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 4, 16, Heslington Lane, York is in very good condition we estimate a sale value of £202,561 and rental value of £1,072 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £179,411 and a rental value of £949 per month.
If you were able to purchase this property for the estimated value of £192,915, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £948 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 4, 16, Heslington Lane, York was last sold on 22 Apr 2016 for £135,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2016, the market for similar properties has risen 22.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, 16, Heslington Lane, York within a radius of 670 metres over the last 2 years.
The most recent example is 24, Eliot Court, York, YO10 4LP, a Leasehold flat which sold for £188,000 in Nov 2023.
Read more about house prices in YO10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Heslington Lane, York, YO10 has a total of 156 addresses. According to our analysis of all the public data, Flat 4, 16, Heslington Lane, York is the 141st largest and the 151st most expensive property on the street.
When compared to the postcode district it is £117k less expensive than the average property in YO10.
Flat 4, 16, Heslington Lane, York has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Jun 2022.
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 4, 16, Heslington Lane, York is York station which is 2.6 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 4, 16, Heslington Lane, York, 39.2% of property is privately owned outright and 39.2% 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 4, 16, Heslington Lane, York, 31.2% of residents are recorded as possessing school level qualifications and 58.8% 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 4, 16, Heslington Lane, York, the average age was 32 and the most common age was 17.
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 4, 16, Heslington Lane, York, 3.1% 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 4, 16, Heslington Lane, York, there are an average of 1.2 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.