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Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Pale Lane, Selby is £500,041 and the estimated rental value is £1,719 per month.
Pale Lane, Gateforth, Selby, YO8 is located within the YO8 postal district.
2, Pale Lane, Selby has 2 entries in the Land Registry , most recently in July 2023 and a single entry in the EPC database dated September 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 2, Pale Lane, Selby is in very good condition we estimate a sale value of £525,043 and a rental value of £1,805 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £465,038 and a rental value of £1,599 per month.
Over the last 12 months the sale value of 2 Pale Lane Selby has increased by an estimated £1,906 (0.4%) and its rental value has increased by an estimated £51 per month (3.0%), giving an expected gross yield of 4.1%.
According to data from HM Land Registry, 2, Pale Lane, Selby sits on a plot of 670m2.
2, Pale Lane, Selby has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Sep 2022.
The property is not connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, oil.
According to HM Land Registry, 2, Pale Lane, Selby was last sold on 18th July 2023 for £500,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since July 2023, the market for similar properties has dropped 3.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Pale Lane, Selby within a radius of 2.8 kilometres over the last 2 years.
The most recent example is Elsworth, The Green, Selby, YO8 9LF, a freehold house which sold for £360,000 on the 4th May 2021.
Read more about house prices in YO8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pale Lane, Gateforth, Selby, YO8 has a total of 1 addresses. According to our analysis of all the public data, 2, Pale Lane, Selby is the largest and the most expensive property on the street.
When compared to the postcode district it is £243k more expensive than the average property in YO8.
The closest station to 2, Pale Lane, Selby is Whitley Bridge station which is 5.7 kilometres away.
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 2, Pale Lane, Selby, 55.3% of property is privately owned outright and 36.2% 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 2, Pale Lane, Selby, 10.3% of residents are recorded as possessing school level qualifications and 36.7% 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 2, Pale Lane, Selby, the average age was 45 and the most common age was 62.
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 2, Pale Lane, Selby, 1.8% 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 2, Pale Lane, Selby, there are an average of 2.0 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.