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Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Elder Way, Leeds is £348,135 and the estimated rental value is £1,375 per month.
Elder Way, Leeds, LS7 is located in the borough of Leeds within the LS7 postal district.
8, Elder Way, Leeds has a single entry in the Land Registry from June 2024 and a single entry in the EPC database dated June 2024.
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.
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 8, Elder Way, Leeds is in very good condition we estimate a sale value of £365,542 and a rental value of £1,444 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £323,766 and a rental value of £1,279 per month.
Over the last 12 months the sale value of 8 Elder Way Leeds has increased by an estimated £2,908 (0.8%) and its rental value has increased by an estimated £76 per month (5.5%), giving an expected gross yield of 4.7%.
8, Elder Way, Leeds has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Jun 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 8, Elder Way, Leeds was last sold on 21st June 2024 for £337,996 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2024, the market for similar properties has risen 33.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Elder Way, Leeds within a radius of 510 metres over the last 2 years.
The most recent example is 4, Elder Way, Leeds, LS7 2FG, a freehold house which sold for £345,995 on the 3rd May 2024.
Read more about house prices in LS7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elder Way, Leeds, LS7 has a total of 21 addresses. According to our analysis of all the public data, 8, Elder Way, Leeds is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £108k more expensive than the average property in LS7.
The closest station to 8, Elder Way, Leeds is Burley Park station which is 2.4 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 8, Elder Way, Leeds, 61.5% of property is socially rented and 14.6% 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 8, Elder Way, Leeds, 25.1% of residents are recorded as possessing school level qualifications and 29.9% 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 8, Elder Way, Leeds, the average age was 36.2 and the most common age was 37.
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 8, Elder Way, Leeds, 0.8% 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 8, Elder Way, Leeds, there are an average of 0.6 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.