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37A, Flanshaw Lane, Wakefield is recorded publicly as a period leasehold apartment across 478 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 37A, Flanshaw Lane, Wakefield is £75,501 and its rental estimate is £606 per month, given the available information and assuming reasonable condition.
37, Flanshaw Lane is a residential building on Flanshaw Lane, Wakefield, WF2 and falls within the WF2 postal district and the borough of Wakefield.
37A, Flanshaw Lane, Wakefield has a single entry in the Land Registry from May 2024 and a single entry in the EPC database dated December 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 37A, Flanshaw Lane, Wakefield, we estimate a market value of £79,276 and a rental value of £636 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £70,216 and £564 per month respectively.
Over the last year, 37A, Flanshaw Lane, Wakefield has seen its estimated sale value move up by £952 (1.3%) and its estimated rental value increase by £18 per month (3.0%). This results in an estimated gross rental yield of 9.6%.
37A, Flanshaw Lane, Wakefield has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Dec 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 37A, Flanshaw Lane, Wakefield completed on 13th May 2024 at £80,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 20.1% over the period since May 2024.
Over the past 2 years 3 properties similar to 37A, Flanshaw Lane, Wakefield have sold within a radius of 630 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd May 2024, was 1, Highfield Rise, Wakefield, WF2 0BX, a leasehold flat which sold for £78,500.
Read more about house prices in WF2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 189 addresses on Flanshaw Lane, Wakefield, WF2, 37A, Flanshaw Lane, Wakefield comes out as the 143rd largest and the 187th most expensive in our analysis of the public data.
It is also £165k less expensive than the average property across the WF2 district.
From 37A, Flanshaw Lane, Wakefield, the nearest station is Wakefield Westgate, 1.9 kilometres 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 low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 37A, Flanshaw Lane, Wakefield, 37.8% of property is privately owned with a mortgage and 26.9% is socially rented.
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 37A, Flanshaw Lane, Wakefield, 14.9% of residents are recorded as possessing school level qualifications and 23.5% 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 37A, Flanshaw Lane, Wakefield, the average age was 38.4 and the most common age was 52.
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 37A, Flanshaw Lane, Wakefield, 0.4% 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 37A, Flanshaw Lane, Wakefield, there are an average of 1.1 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.
