Apartment 4, Raikes Mill
Apartment 4, Raikes Mill
Description & Estimates
Public records show Apartment 4, Raikes Mill, Skipton to be a modern leasehold apartment with 613 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Apartment 4, Raikes Mill, Skipton has an estimated sale value of £142,031 and an estimated rental value of £688 per month, assuming reasonable condition and based on the information available.
The apartment sits within Raikes Mill, Raikes Road, Skipton, BD23.
Raikes Road, Skipton, BD23 lies within the BD23 postal district.
Our Data Sources
Apartment 4, Raikes Mill, Skipton has a single entry in the Land Registry from July 2007 and a single entry in the EPC database dated October 2015.
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.
Price Range & Condition
In very good condition, we estimate Apartment 4, Raikes Mill, Skipton would be worth £149,132, with a potential rental value of £723 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £132,089, with a rental value of £640 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Apartment 4, Raikes Mill, Skipton has dropped by £1,091 (0.8%) over the last year. During the same period, its estimated monthly rental value has risen by £25 (3.6%). The property's estimated gross yield is currently 5.8%.
Energy Efficiency
Apartment 4, Raikes Mill, Skipton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Oct 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters, Room heaters, electric.
Sold Prices
Apartment 4, Raikes Mill, Skipton last changed hands on 5th July 2007, selling for £125,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 19.8% since July 2007.
- Sold Jul 2007£125,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 630 metres of Apartment 4, Raikes Mill, Skipton across the last 2 years.
Most recently, Apartment 7, Raikes Mill, Raikes Road, Skipton, BD23 1AD, a leasehold flat, sold at £160,000 on the 16th June 2023.
Read more about house prices in BD23.
- Sold Jun 2023£160,000 | 2 Bed FlatRaikes Mill, Raikes RoadApartment 7, Raikes Mill, Raikes Road, Skipton, BD23 1AD
- Sold Apr 2023£123,000 | 2 Bed FlatRaikes Mill, Raikes RoadApartment 5, Raikes Mill, Raikes Road, Skipton, BD23 1AD
- Sold May 2016£112,000 | 2 Bed FlatRaikes Mill, Raikes RoadApartment 8, Raikes Mill, Raikes Road, Skipton, BD23 1AD
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Apartment 4, Raikes Mill, Skipton as the 104th largest and the 132nd most expensive of the 140 addresses on Raikes Road, Skipton, BD23.
Against the BD23 postcode district average, it is £196k less expensive than the typical property.
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Schools Nearby
- 100mSkipton, Water Street Community Primary School
- 200mSt Stephen's Catholic Primary School and Nursery, A Voluntary Academy
- 700mChrist Church Church of England Primary School
- 300mErmysted's Grammar School
- 600mSkipton Girls' High School
- 1.2kmThe Skipton Academy
More reading links
Public Transport Nearby
Skipton station is the nearest stop to Apartment 4, Raikes Mill, Skipton at 700 metres away.
- 700mSkipton
- 5.2kmCononley
- 5.9kmGargrave
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
