According to the public record, The Shetlands, York is a modern house with 4,187 ft2 of internal area and sits on a 7,767 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Melbourne, York, YO42 is located within the YO42 postal district.
The Shetlands, York has no recent1 records in the Land Registry database and no records in the EPC database.
We combine this information with public data 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 The Shetlands York as £800,341 and the rental value as £3,250 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of The Shetlands York has decreased by £19,717 (2.5%) and its rental value has increased by £147 per month (4.5%).
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 The Shetlands, York is in very good condition we estimate a sale value of £840,358 and rental value of £3,413 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £744,317 and a rental value of £3,023 per month.
If you were able to purchase this property for the estimated value of £800,341, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,933 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 data from HM Land Registry, The Shetlands, York sits on a plot of 7767m2.
We have plot size data on 8 out of 16 other houses in the postcode and The Shetlands, York sits on the 5th largest plot.
According to HM Land Registry, The Shetlands, York was last sold on 29 Apr 1999 for £112,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Shetlands, York within a radius of 5.0km over the last 2 years.
The most recent example is Pine Lodge, York, YO42 4JL, a Freehold house which sold for £660,000 in Sep 2020.
Read more about house prices in YO42.
Melbourne, York, YO42 has a total of 196 addresses. According to our analysis of all the public data, The Shetlands, York is the 3rd largest and the most expensive property on the street.
When compared to the postcode district it is £474k more expensive than the average property in YO42.
The Shetlands, York has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Dec 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, Underfloor heating and radiators, pipes in screed above insulation, electric.
The closest station to The Shetlands, York is Wressle station which is 13.5 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 The Shetlands, York, 53.7% of property is privately owned outright and 39.9% is privately owned with a mortgage.
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 The Shetlands, York, 18.1% of residents are recorded as possessing school level qualifications and 47.3% 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 The Shetlands, York, the average age was 46 and the most common age was 57.
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 The Shetlands, York, 0.8% 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 The Shetlands, York, there are an average of 1.9 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.