16, The Red House 41
16, The Red House 41
Description & Estimates
Public records show 16, The Red House 41, Ripon to be a modern leasehold apartment with 764 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
16, The Red House 41, Ripon has an estimated sale value of £345,863 and an estimated rental value of £1,447 per month, assuming reasonable condition and based on the information available.
The apartment sits within The Red House, Palace Road, Ripon, HG4.
Palace Road, Ripon, HG4 lies within the HG4 postal district.
Our Data Sources
16, The Red House 41, Ripon has a single entry in the Land Registry from December 2024 and a single entry in the EPC database dated June 2018.
We combine this information with that 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 16, The Red House 41, Ripon would be worth £363,156, with a potential rental value of £1,519 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £321,653, with a rental value of £1,345 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 16, The Red House 41, Ripon has decreased by £14,167 (4.1%) over the last year. During the same period, its estimated monthly rental value has grown by £60 (4.1%). The property's estimated gross yield is currently 5.0%.
Energy Efficiency
16, The Red House 41, Ripon has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Jun 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
16, The Red House 41, Ripon last changed hands on 12th December 2024, selling for £375,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 2.8% since December 2024.
- Sold Dec 2024£375,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 980 metres of 16, The Red House 41, Ripon across the last 2 years.
Most recently, 17, The Red House 41, Palace Road, Ripon, HG4 1FA, a leasehold flat, sold at £375,000 on the 21st August 2024.
Read more about house prices in HG4.
- Sold Aug 2024£375,000 | 2 Bed FlatThe Red House 41, Palace Road17, The Red House 41, Palace Road, Ripon, HG4 1FA
- Sold Jul 2024£375,000 | 2 Bed FlatThe Red House 41, Palace Road15, The Red House 41, Palace Road, Ripon, HG4 1FA
- Sold Aug 2022£360,000 | 2 Bed FlatThe Red House 41, Palace Road14, The Red House 41, Palace Road, Ripon, HG4 1FA
•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 16, The Red House 41, Ripon as the 125th largest and the 104th most expensive of the 146 addresses on Palace Road, Ripon, HG4.
Against the HG4 postcode district average, it is £17k more expensive than the typical property.
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Schools Nearby
- 900mHoly Trinity Church of England Primary School
- 1.0kmSt Wilfrid's Catholic Primary School, a Voluntary Academy
- 1.3kmRipon Cathedral Church of England Primary School
- 1.0kmRipon Grammar School
- 1.2kmOutwood Academy Ripon
- 10.7kmBoroughbridge High School
More reading links
Public Transport Nearby
Thirsk station is the nearest stop to 16, The Red House 41, Ripon at 13.6 kilometres away.
- 13.6kmThirsk
- 15.7kmKnaresborough
- 16.4kmStarbeck
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.
