24, The Red House 41
24, The Red House 41
Description & Estimates
Public records show 24, The Red House 41, Ripon to be a modern leasehold apartment with 688 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
24, The Red House 41, Ripon has an estimated sale value of £322,887 and an estimated rental value of £1,373 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
24, The Red House 41, Ripon has a single entry in the Land Registry from August 2020 and a single entry in the EPC database dated February 2019.
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 24, The Red House 41, Ripon would be worth £339,032, with a potential rental value of £1,441 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £300,285, with a rental value of £1,277 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 24, The Red House 41, Ripon has declined by £13,226 (4.1%) over the last year. During the same period, its estimated monthly rental value has climbed by £57 (4.1%). The property's estimated gross yield is currently 5.1%.
Energy Efficiency
24, The Red House 41, Ripon has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Feb 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
24, The Red House 41, Ripon last changed hands on 14th August 2020, selling for £290,000. 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 risen by 7.8% since August 2020.
- Sold Aug 2020£290,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 980 metres of 24, The Red House 41, Ripon across the last 2 years.
Most recently, 52, The Red House 41, Palace Road, Ripon, HG4 1FA, a leasehold flat, sold at £345,000 on the 1st July 2024.
Read more about house prices in HG4.
- Sold Jul 2024£345,000 | 2 Bed FlatThe Red House 41, Palace Road52, The Red House 41, Palace Road, Ripon, HG4 1FA
- Sold Jul 2023£310,000 | 2 Bed FlatThe Red House 41, Palace Road42, The Red House 41, Palace Road, Ripon, HG4 1FA
- Sold May 2023£325,000 | 2 Bed FlatThe Red House 41, Palace Road11, The Red House 41, Palace Road, Ripon, HG4 1FA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 24, The Red House 41, Ripon as the 135th largest and the 113th most expensive of the 146 addresses on Palace Road, Ripon, HG4.
Against the HG4 postcode district average, it is £6k less 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 24, 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.
