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Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 23, Oakfield Lane, Selby is £114,705 and its rental estimate is £617 per month, given the available information and assuming reasonable condition.
Oakfield Lane, Hemingbrough, Selby, YO8 falls within the YO8 postal district.
23, Oakfield Lane, Selby has 2 entries in the Land Registry , most recently in November 2013 and a single entry in the EPC database dated June 2013.
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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 23, Oakfield Lane, Selby, we estimate a market value of £120,440 and a rental value of £648 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £106,676 and £574 per month respectively.
Over the last year, 23, Oakfield Lane, Selby has seen its estimated sale value decrease by £648 (0.6%) and its estimated rental value grow by £18 per month (2.8%). This results in an estimated gross rental yield of 6.5%.
23, Oakfield Lane, Selby has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Jun 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 23, Oakfield Lane, Selby completed on 29th November 2013 at £95,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 42.8% over the period since November 2013.
Over the past 2 years 3 properties similar to 23, Oakfield Lane, Selby have sold within a radius of 4.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd September 2021, was 25, Oakfield Lane, Selby, YO8 6RH, a leasehold flat which sold for £110,000.
Read more about house prices in YO8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 25 addresses on Oakfield Lane, Hemingbrough, Selby, YO8, 23, Oakfield Lane, Selby comes out as the 22nd largest and the 22nd most expensive in our analysis of the public data.
It is also £142k less expensive than the average property across the YO8 district.
From 23, Oakfield Lane, Selby, the nearest station is Wressle, 3.4 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 23, Oakfield Lane, Selby, 37.2% of property is privately owned with a mortgage and 30.6% is socially rented.
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 23, Oakfield Lane, Selby, 25.6% of residents are recorded as possessing school level qualifications and 24.3% 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 23, Oakfield Lane, Selby, the average age was 43.6 and the most common age was 57.
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 23, Oakfield Lane, Selby, 0.0% 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 23, Oakfield Lane, Selby, there are an average of 1.6 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.