5, Common Lane
5, Common Lane
Description & Estimates
5, Common Lane, Wakefield is recorded publicly as a period freehold house across 1,302 ft2 of internal area, sitting on a 180 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 5, Common Lane, Wakefield is £211,579 and its rental estimate is £1,013 per month, given the available information and assuming reasonable condition.
Common Lane, East Ardsley, Wakefield, WF3 falls within the WF3 postal district, in the borough of Leeds.
Our Data Sources
5, Common Lane, Wakefield has 21 entries in the Land Registry , most recently in January 2023 and a single entry in the EPC database dated January 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
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 5, Common Lane, Wakefield, we estimate a market value of £222,158 and a rental value of £1,063 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £196,768 and £942 per month respectively.
Recent Market Change
Over the last year, 5, Common Lane, Wakefield has seen its estimated sale value climb by £1,394 (0.7%) and its estimated rental value rise by £23 per month (2.3%). This results in an estimated gross rental yield of 5.7%.
Plot Size
HM Land Registry records the plot of land for 5, Common Lane, Wakefield as measuring 180 m2.
That makes it the 3rd largest plot in the postcode, where all 30 other houses have recorded plot data.
Energy Efficiency
5, Common Lane, Wakefield has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Jan 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 5, Common Lane, Wakefield completed on 26th January 2023 at £203,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 10.5% over the period since January 2023.
- Sold Jan 2023£203,000
- Sold Aug 2004£116,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Common Lane, Wakefield have sold within a radius of 800 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th June 2023, was 3, Common Lane, Wakefield, WF3 2EP, a freehold house which sold for £250,000.
Read more about house prices in WF3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 136 addresses on Common Lane, East Ardsley, Wakefield, WF3, 5, Common Lane, Wakefield comes out as the 21st largest and the 53rd most expensive in our analysis of the public data.
It is also £48k less expensive than the average property across the WF3 district.
More reading links
Schools Nearby
- 800mBlackgates Primary Academy
- 1.1kmEast Ardsley Primary Academy
- 1.7kmMiddleton Primary School
- 2.2kmWoodkirk Academy
- 2.6kmCockburn Laurence Calvert Academy
- 3.4kmRodillian Academy
More reading links
Public Transport Nearby
From 5, Common Lane, Wakefield, the nearest station is Outwood, 3.1 kilometres away.
- 3.1kmOutwood
- 3.6kmMorley
- 3.9kmWhite Rose
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
