According to the public record, Flat 5, 49, Bank Street, Bradford is a period leasehold apartment with 968 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
The apartment is in 49, Bank Street, Bradford, BD1.
Bank Street, Bradford, BD1 is located in the borough of Bradford within the BD1 postal district.
Flat 5, 49, Bank Street, Bradford has a single entry in the Land Registry database from March 2008 and a single entry in the EPC database dated February 2023.
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 5 49 Bank Street Bradford as £156,048 and the rental value as £737 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of Flat 5 49 Bank Street Bradford has increased by £7,034 (4.5%) and its rental value has increased by £15 per month (2.0%).
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 5, 49, Bank Street, Bradford is in very good condition we estimate a sale value of £163,851 and rental value of £774 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £145,125 and a rental value of £686 per month.
If you were able to purchase this property for the estimated value of £156,048, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £767 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 5, 49, Bank Street, Bradford was last sold on 20 Mar 2008 for £145,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2008, the market for similar properties has risen 5.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, 49, Bank Street, Bradford within a radius of 410 metres over the last 2 years.
The most recent example is Flat 1, 49, Bank Street, Bradford, BD1 1UG, a Leasehold flat which sold for £80,500 in Dec 2009.
Read more about house prices in BD1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bank Street, Bradford, BD1 has a total of 18 addresses. According to our analysis of all the public data, Flat 5, 49, Bank Street, Bradford is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £24k more expensive than the average property in BD1.
Flat 5, 49, Bank Street, Bradford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Feb 2023.
The property is connected to mains gas and has single glazed windows. It is heated using electric storage heaters.
The closest station to Flat 5, 49, Bank Street, Bradford is Bradford Forster Square 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 5, 49, Bank Street, Bradford, 92.3% of property is privately rented and 6.6% 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 5, 49, Bank Street, Bradford, 22.7% of residents are recorded as possessing school level qualifications and 53.7% 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 5, 49, Bank Street, Bradford, the average age was 30.7 and the most common age was 12.
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 5, 49, Bank Street, Bradford, 0.0% 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 5, 49, Bank Street, Bradford, there are an average of 0.1 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.