According to the public record, Mere Park House, Driffield is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,469 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Back Lane, Fridaythorpe, Driffield, YO25 is located within the YO25 postal district.
Mere Park House, Driffield has a single entry in the Land Registry database from August 2017 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 Mere Park House Driffield as £300,804 and the rental value as £1,386 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of Mere Park House Driffield has decreased by £1,000 (0.3%) and its rental value has increased by £57 per month (4.1%).
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 Mere Park House, Driffield is in very good condition we estimate a sale value of £315,844 and rental value of £1,456 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £279,747 and a rental value of £1,289 per month.
If you were able to purchase this property for the estimated value of £300,804, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,478 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, Mere Park House, Driffield was last sold on 08 Aug 2017 for £270,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2017, the market for similar properties has risen 30.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Mere Park House, Driffield within a radius of 9.8 kilometres over the last 2 years.
The most recent example is 20, Mere Grange, Driffield, YO25 9TA, a Freehold house which sold for £373,000 in Jun 2024.
Read more about house prices in YO25.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Back Lane, Fridaythorpe, Driffield, YO25 has a total of 3 addresses. According to our analysis of all the public data, Mere Park House, Driffield is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £55k more expensive than the average property in YO25.
The closest station to Mere Park House, Driffield is Malton station which is 15.1 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 Mere Park House, Driffield, 40.7% of property is privately owned with a mortgage and 36.3% is privately owned outright.
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 Mere Park House, Driffield, 16.7% of residents are recorded as possessing school level qualifications and 29.7% 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 Mere Park House, Driffield, the average age was 47 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 Mere Park House, Driffield, 0.6% 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 Mere Park House, Driffield, there are an average of 1.8 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.