Apartment 16, Vm1
Apartment 16, Vm1
Description & Estimates
Apartment 16, Vm1, Shipley is recorded publicly as a modern leasehold apartment across 430 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Apartment 16, Vm1, Shipley is £121,217 and its rental estimate is £577 per month, given the available information and assuming reasonable condition.
Vm1, Salts Mill Road is a residential building on Salts Mill Road, Shipley, BD17 and falls within the BD17 postal district and the borough of Bradford.
Our Data Sources
Apartment 16, Vm1, Shipley has a single entry in the Land Registry from May 2007 and a single entry in the EPC database dated September 2018.
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.
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 16, Vm1, Shipley, we estimate a market value of £127,278 and a rental value of £606 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £112,732 and £537 per month respectively.
Recent Market Change
Over the last year, Apartment 16, Vm1, Shipley has seen its estimated sale value move up by £13 (0.0%) and its estimated rental value increase by £17 per month (3.0%). This results in an estimated gross rental yield of 5.7%.
Energy Efficiency
Apartment 16, Vm1, Shipley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Sep 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of Apartment 16, Vm1, Shipley completed on 3rd May 2007 at £139,000 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 dropped by 7.2% over the period since May 2007.
- Sold May 2007£139,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Apartment 16, Vm1, Shipley have sold within a radius of 580 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st August 2024, was Apartment 514, Vm1, Salts Mill Road, Shipley, BD17 7EE, a leasehold flat which sold for £61,000.
Read more about house prices in BD17.
- Sold Aug 2024£61,000 | 2 Bed FlatVm1, Salts Mill RoadApartment 514, Vm1, Salts Mill Road, Shipley, BD17 7EE
- Sold Nov 2022£47,000 | 2 Bed FlatVm1, Salts Mill RoadApartment 410, Vm1, Salts Mill Road, Shipley, BD17 7EE
- Sold Apr 2021£55,000 | 2 Bed FlatVm1, Salts Mill RoadApartment 606, Vm1, Salts Mill Road, Shipley, BD17 7EN
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 452 addresses on Salts Mill Road, Shipley, BD17, Apartment 16, Vm1, Shipley comes out as the 408th largest and the 313th most expensive in our analysis of the public data.
It is also £150k less expensive than the average property across the BD17 district.
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Schools Nearby
- 500mWycliffe CofE Primary School
- 700mBaildon Glen Primary School
- 1.0kmSt Walburga's Catholic Primary School, A Voluntary Academy
- 1.0kmTitus Salt School
- 2.7kmSt Bede's and St Joseph's Catholic College, A Voluntary Academy
- 2.7kmDixons Cottingley Academy
More reading links
Public Transport Nearby
From Apartment 16, Vm1, Shipley, the nearest station is Shipley (Yorks), 800 metres away.
- 800mShipley (Yorks)
- 800mSaltaire
- 2.1kmBaildon
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 high, based on Environment Agency data.
