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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 16, Alder Avenue, Wakefield is £88,606 and the estimated rental value is £679 per month.
Alder Avenue, Wakefield, WF2 is located in the borough of Wakefield within the WF2 postal district.
16, Alder Avenue, Wakefield has a single entry in the Land Registry from February 2008 and a single entry in the EPC database dated March 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
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 16, Alder Avenue, Wakefield is in very good condition we estimate a sale value of £93,037 and a rental value of £713 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £82,404 and a rental value of £631 per month.
Over the last 12 months the sale value of 16 Alder Avenue Wakefield has increased by an estimated £440 (0.5%) and its rental value has increased by an estimated £12 per month (1.7%), giving an expected gross yield of 9.2%.
16, Alder Avenue, Wakefield has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 19 Mar 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 16, Alder Avenue, Wakefield was last sold on 29th February 2008 for £73,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since February 2008, the market for similar properties has risen 40.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Alder Avenue, Wakefield within a radius of 580 metres over the last 2 years.
The most recent example is 1, Alder Avenue, Wakefield, WF2 0TZ, a leasehold flat which sold for £82,500 on the 10th December 2021.
Read more about house prices in WF2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Alder Avenue, Wakefield, WF2 has a total of 30 addresses. According to our analysis of all the public data, 16, Alder Avenue, Wakefield is the 28th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £152k less expensive than the average property in WF2.
The closest station to 16, Alder Avenue, Wakefield is Wakefield Westgate station which is 1.1 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 16, Alder Avenue, Wakefield, 50.7% of property is privately owned outright and 31.6% is privately owned with a mortgage.
The graph below shows how this compares to Yorkshire and The Humber 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 16, Alder Avenue, Wakefield, 11.6% of residents are recorded as possessing school level qualifications and 25.3% as possessing degree level qualifications.
The graph below shows how this compares to Yorkshire and The Humber and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 16, Alder Avenue, Wakefield, the average age was 38.5 and the most common age was 27.
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 16, Alder Avenue, Wakefield, 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 16, Alder Avenue, Wakefield, there are an average of 1.2 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.