118, Canal Lane
118, Canal Lane
Description & Estimates
The public record describes 118, Canal Lane, Wakefield as a period house with 1,076 ft2 of internal area, sitting on a 224 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
118, Canal Lane, Wakefield has an estimated sale value of £218,671 and an estimated rental value of £1,085 per month, assuming reasonable condition and based on the information available.
Canal Lane, Lofthouse, Wakefield, WF3 lies in the borough of Wakefield, within the WF3 postal district.
Our Data Sources
118, Canal Lane, Wakefield has no records in the the Land Registry and a single entry in the EPC database dated November 2016.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 118, Canal Lane, Wakefield would be worth £229,605, with a potential rental value of £1,139 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £203,364, with a rental value of £1,009 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 118, Canal Lane, Wakefield has grown by £4,762 (2.2%) over the last year. During the same period, its estimated monthly rental value has climbed by £43 (3.9%). The property's estimated gross yield is currently 6.0%.
Plot Size
118, Canal Lane, Wakefield occupies a 224 m2 plot as recorded by HM Land Registry.
Of the 23 other houses in this postcode, 22 have recorded plot sizes, and this one ranks as the 17th largest.
Energy Efficiency
118, Canal Lane, Wakefield has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Nov 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 690 metres of 118, Canal Lane, Wakefield across the last 2 years.
Most recently, 143, Canal Lane, Wakefield, WF3 4EE, a freehold house, sold at £270,000 on the 31st May 2024.
Read more about house prices in WF3.
- Sold May 2024£270,000 | 4 Bed House143, Canal Lane, Wakefield, WF3 4EE143, Canal Lane, Wakefield, WF3 4EE
- Sold Mar 2024£215,000 | 3 Bed House101, Canal Lane, Wakefield, WF3 4ED101, Canal Lane, Wakefield, WF3 4ED
- Sold Mar 2024£163,000 | 3 Bed House99, Canal Lane, Wakefield, WF3 4ED99, Canal Lane, Wakefield, WF3 4ED
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 118, Canal Lane, Wakefield as the 28th largest and the 69th most expensive of the 104 addresses on Canal Lane, Lofthouse, Wakefield, WF3.
Against the WF3 postcode district average, it is £41k less expensive than the typical property.
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Schools Nearby
- 300mOutwood Primary Academy Lofthouse Gate
- 700mStanley St Peters Church of England Voluntary Controlled Primary School
- 1.1kmRooks Nest Academy
- 1.8kmRodillian Academy
- 2.0kmOutwood Grange Academy
- 2.9kmOulton Academy
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Public Transport Nearby
Outwood station is the nearest stop to 118, Canal Lane, Wakefield at 1.6 kilometres away.
- 1.6kmOutwood
- 4.1kmWakefield Westgate
- 4.2kmWakefield Kirkgate
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
