According to the public record, Flat 8, 1, Cloisters Mews, Bridlington is a modern leasehold apartment and with 828 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 1, Cloisters Mews, Bridlington, YO16.
Cloisters Mews, Bridlington, YO16 is located within the YO16 postal district.
Flat 8, 1, Cloisters Mews, Bridlington has 2 entries in the Land Registry database, most recently in January 2022 and no records in the EPC database.
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 8 1 Cloisters Mews Bridlington as £98,734 and the rental value as £497 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Flat 8 1 Cloisters Mews Bridlington has increased by £2,809 (2.8%) and its rental value has increased by £28 per month (5.7%).
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 8, 1, Cloisters Mews, Bridlington is in very good condition we estimate a sale value of £103,671 and rental value of £522 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £91,823 and a rental value of £462 per month.
If you were able to purchase this property for the estimated value of £98,734, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £485 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 8, 1, Cloisters Mews, Bridlington was last sold on 14 Jan 2022 for £75,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2022, the market for similar properties has risen 4.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, 1, Cloisters Mews, Bridlington within a radius of 18m over the last 2 years.
The most recent example is Flat 2, 2, Cloisters Mews, Bridlington, YO16 4PJ, a Leasehold flat which sold for £95,000 in May 2023.
Read more about house prices in YO16.
Cloisters Mews, Bridlington, YO16 has a total of 52 addresses. According to our analysis of all the public data, Flat 8, 1, Cloisters Mews, Bridlington is the largest and the most expensive property on the street.
When compared to the postcode district it is £73k less expensive than the average property in YO16.
Flat 8, 1, Cloisters Mews, Bridlington has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Dec 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 8, 1, Cloisters Mews, Bridlington is Bridlington station which is 1.1 km 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 8, 1, Cloisters Mews, Bridlington, 38.6% of property is privately owned outright and 30.7% 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 8, 1, Cloisters Mews, Bridlington, 21.1% of residents are recorded as possessing school level qualifications and 19.3% 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 8, 1, Cloisters Mews, Bridlington, the average age was 43.2 and the most common age was 72.
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 8, 1, Cloisters Mews, Bridlington, 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 8, 1, Cloisters Mews, Bridlington, there are an average of 0.9 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.