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Apartment 48 New Mill, Shipley is recorded publicly as a modern leasehold apartment across 1,313 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Apartment 48 New Mill, Shipley is £199,957 and its rental estimate is £812 per month, given the available information and assuming reasonable condition.
New Mill, Salts Mill Road is a residential building on Salts Mill Road, Shipley, BD17 and falls within the BD17 postal district and the borough of Bradford.
Apartment 48 New Mill, Shipley has 21 entries in the Land Registry , most recently in November 2012 and a single entry in the EPC database dated September 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 Apartment 48 New Mill, Shipley, we estimate a market value of £209,954 and a rental value of £852 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £185,960 and £755 per month respectively.
Over the last year, Apartment 48 New Mill, Shipley has seen its estimated sale value increase by £1,262 (0.6%) and its estimated rental value grow by £30 per month (3.7%). This results in an estimated gross rental yield of 4.9%.
Apartment 48 New Mill, Shipley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Sep 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The most recent sale of Apartment 48 New Mill, Shipley completed on 23rd November 2012 at £215,000 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 32.8% over the period since November 2012.
Over the past 2 years 3 properties similar to Apartment 48 New Mill, Shipley have sold within a radius of 580 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th December 2022, was Apartment 54, Old Mill, Salts Mill Road, Shipley, BD17 7EG, a leasehold flat which sold for £185,000.
Read more about house prices in BD17.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 452 addresses on Salts Mill Road, Shipley, BD17, Apartment 48 New Mill, Shipley comes out as the 8th largest and the 17th most expensive in our analysis of the public data.
It is also £71k less expensive than the average property across the BD17 district.
From Apartment 48 New Mill, Shipley, the nearest station is Shipley (Yorks), 600 metres 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.
The recent census recorded whether a resident owned or rented their home.
In the area around Apartment 48 New Mill, Shipley, 77.6% of property is privately rented and 11.6% 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 Apartment 48 New Mill, Shipley, 3.8% of residents are recorded as possessing school level qualifications and 65.7% 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 Apartment 48 New Mill, Shipley, the average age was 39.6 and the most common age was 27.
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 Apartment 48 New Mill, Shipley, 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 Apartment 48 New Mill, Shipley, there are an average of 0.8 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.