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According to the public record, 71, Balne Lane, Wakefield is a period freehold house with 1,969 ft2 of internal area and sits on a 108 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 71, Balne Lane, Wakefield is £355,819 and the estimated rental value is £1,883 per month.
Balne Lane, Wakefield, WF2 is located in the borough of Wakefield within the WF2 postal district.
71, Balne Lane, Wakefield has a single entry in the Land Registry from November 2022 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 4 out of 5 and is considered of high 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 71, Balne Lane, Wakefield is in very good condition we estimate a sale value of £373,610 and a rental value of £1,977 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £330,912 and a rental value of £1,751 per month.
Over the last 12 months the sale value of 71 Balne Lane Wakefield has increased by an estimated £2,937 (0.8%) and its rental value has increased by an estimated £51 per month (2.7%), giving an expected gross yield of 6.3%.
According to data from HM Land Registry, 71, Balne Lane, Wakefield sits on a plot of 108m2.
We have plot size data on 13 out of 13 other houses in the postcode and 71, Balne Lane, Wakefield sits on the 13th largest plot.
71, Balne Lane, Wakefield has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Feb 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, 71, Balne Lane, Wakefield was last sold on 24th November 2022 for £315,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2022, the market for similar properties has risen 36.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 71, Balne Lane, Wakefield within a radius of 470 metres over the last 2 years.
The most recent example is 72, Batley Road, Wakefield, WF2 0AE, a freehold house which sold for £117,000 on the 13th March 2020.
Read more about house prices in WF2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Balne Lane, Wakefield, WF2 has a total of 103 addresses. According to our analysis of all the public data, 71, Balne Lane, Wakefield is the 11th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £119k more expensive than the average property in WF2.
The closest station to 71, Balne Lane, Wakefield is Wakefield Westgate station which is 1.0 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 71, Balne Lane, Wakefield, 37.2% of property is privately owned with a mortgage and 34.3% is privately owned outright.
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 71, Balne Lane, Wakefield, 17.6% of residents are recorded as possessing school level qualifications and 22.5% 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 71, Balne Lane, Wakefield, the average age was 38.5 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 71, Balne Lane, Wakefield, 0.6% 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 71, Balne Lane, Wakefield, there are an average of 1.2 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.
