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According to the public record, 2 Thorp Arch Mill, Wetherby is a period leasehold apartment with 1,001 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2 Thorp Arch Mill, Wetherby is £294,853 and the estimated rental value is £1,152 per month.
The apartment is within Thorp Arch Mill, Mill Lane, Thorp Arch, Wetherby, LS23.
Mill Lane, Thorp Arch, Wetherby, LS23 is located in the borough of Leeds within the LS23 postal district.
2 Thorp Arch Mill, Wetherby has a single entry in the Land Registry from January 2020 and a single entry in the EPC database dated July 2019.
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 Thorp Arch Mill, Wetherby is in very good condition we estimate a sale value of £309,596 and a rental value of £1,210 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £274,214 and a rental value of £1,072 per month.
Over the last 12 months the sale value of 2 Thorp Arch Mill Wetherby has decreased by an estimated £7,414 (2.5%) and its rental value has increased by an estimated £35 per month (3.1%), giving an expected gross yield of 4.7%.
2 Thorp Arch Mill, Wetherby has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Jul 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2 Thorp Arch Mill, Wetherby was last sold on 31st January 2020 for £280,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2020, the market for similar properties has risen 10.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Thorp Arch Mill, Wetherby within a radius of 1.1 kilometres over the last 2 years.
The most recent example is Flat 5, Thornhill 12, Pine Tree Avenue, Wetherby, LS23 6HA, a leasehold flat which sold for £330,000 on the 22nd April 2022.
Read more about house prices in LS23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Lane, Thorp Arch, Wetherby, LS23 has a total of 16 addresses. According to our analysis of all the public data, 2 Thorp Arch Mill, Wetherby is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £150k less expensive than the average property in LS23.
The closest station to 2 Thorp Arch Mill, Wetherby is Cattal station which is 10.1 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 2 Thorp Arch Mill, Wetherby, 52.6% of property is privately owned outright and 33.1% 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 Thorp Arch Mill, Wetherby, 17.5% of residents are recorded as possessing school level qualifications and 57.8% 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 Thorp Arch Mill, Wetherby, the average age was 45.8 and the most common age was 32.
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 Thorp Arch Mill, Wetherby, 1.6% 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 Thorp Arch Mill, Wetherby, there are an average of 1.7 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.