Apartment 4, Vm1
Apartment 4, Vm1
Description & Estimates
Apartment 4, Vm1, Shipley is recorded publicly as a modern leasehold apartment across 365 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Apartment 4, Vm1, Shipley is £109,560 and its rental estimate is £507 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 4, Vm1, Shipley has a single entry in the Land Registry from April 2007 and a single entry in the EPC database dated October 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 4, Vm1, Shipley, we estimate a market value of £115,038 and a rental value of £532 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £101,891 and £471 per month respectively.
Recent Market Change
Over the last year, Apartment 4, Vm1, Shipley has seen its estimated sale value move down by £377 (0.3%) and its estimated rental value increase by £15 per month (3.0%). This results in an estimated gross rental yield of 5.5%.
Energy Efficiency
Apartment 4, Vm1, Shipley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Oct 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 4, Vm1, Shipley completed on 16th April 2007 at £130,000 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 16.9% over the period since April 2007.
- Sold Apr 2007£130,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Apartment 4, Vm1, Shipley have sold within a radius of 580 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th July 2024, was Apartment 212, Vm1, Salts Mill Road, Shipley, BD17 7EE, a leasehold flat which sold for £62,500.
Read more about house prices in BD17.
- Sold Jul 2024£62,500 | 1 Bed FlatVm1, Salts Mill RoadApartment 212, Vm1, Salts Mill Road, Shipley, BD17 7EE
- Sold Oct 2018£75,000 | 1 Bed FlatVm1, Salts Mill RoadApartment 203, Vm1, Salts Mill Road, Shipley, BD17 7EE
- Sold Aug 2016£75,000 | 1 Bed FlatVm1, Salts Mill RoadApartment 19, Vm1, Salts Mill Road, Shipley, BD17 7EE
•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 4, Vm1, Shipley comes out as the 441st largest and the 392nd most expensive in our analysis of the public data.
It is also £161k 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 4, 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.
