Apartment 1, Old School Lofts
Apartment 1, Old School Lofts
Description & Estimates
Apartment 1, Old School Lofts, Selby is described in the public record as a modern apartment with 602 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Apartment 1, Old School Lofts, Selby is £60,188 and its rental estimate is £401 per month, given the available information and assuming reasonable condition.
Old School Lofts, Millgate is a residential building on Millgate, Selby, YO8 and falls within the YO8 postal district.
Our Data Sources
Apartment 1, Old School Lofts, Selby has no records in the the Land Registry and a single entry in the EPC database dated January 2021.
We combine this information with public data 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.
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 Apartment 1, Old School Lofts, Selby, we estimate a market value of £63,197 and a rental value of £422 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £55,975 and £373 per month respectively.
Recent Market Change
Over the last year, Apartment 1, Old School Lofts, Selby has seen its estimated sale value decline by £340 (0.6%) and its estimated rental value climb by £11 per month (2.8%). This results in an estimated gross rental yield of 8.0%.
Energy Efficiency
Apartment 1, Old School Lofts, Selby has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Jan 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Apartment 1, Old School Lofts, Selby have sold within a radius of 500 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th March 2024, was 3, Holmes Avenue, Selby, YO8 3GA, a leasehold flat which sold for £60,000.
Read more about house prices in YO8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 141 addresses on Millgate, Selby, YO8, Apartment 1, Old School Lofts, Selby comes out as the 80th largest and the 136th most expensive in our analysis of the public data.
It is also £196k less expensive than the average property across the YO8 district.
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Schools Nearby
- 500mSelby Community Primary School
- 600mSelby Abbey Church of England Voluntary Controlled Primary School
- 700mBarlby Bridge Community Primary School
- 900mSelby High School Specialist School for the Arts and Science
- 1.7kmBrayton Academy
- 2.8kmBarlby High School
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Public Transport Nearby
From Apartment 1, Old School Lofts, Selby, the nearest station is Selby, 800 metres away.
- 800mSelby
- 9.9kmWressle
- 10.3kmHensall
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 low, based on Environment Agency data.
