Apartment 405, Vm1
Apartment 405, Vm1
Description & Estimates
Apartment 405, Vm1, Shipley is recorded publicly as a modern leasehold apartment across 645 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Apartment 405, Vm1, Shipley is £148,890 and its rental estimate is £665 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 405, Vm1, Shipley has a single entry in the Land Registry from August 2008 and a single entry in the EPC database dated August 2019.
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 405, Vm1, Shipley, we estimate a market value of £156,335 and a rental value of £698 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £138,468 and £618 per month respectively.
Recent Market Change
Over the last year, Apartment 405, Vm1, Shipley has seen its estimated sale value grow by £15 (0.0%) and its estimated rental value climb by £20 per month (3.0%). This results in an estimated gross rental yield of 5.4%.
Energy Efficiency
Apartment 405, Vm1, Shipley has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Aug 2019.
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 405, Vm1, Shipley completed on 29th August 2008 at £147,930 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 2.1% over the period since August 2008.
- Sold Aug 2008£147,930
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Apartment 405, Vm1, Shipley have sold within a radius of 580 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th August 2024, was Apartment 10, Vm1, Salts Mill Road, Shipley, BD17 7EE, a leasehold flat which sold for £62,000.
Read more about house prices in BD17.
- Sold Aug 2024£62,000 | 2 Bed FlatVm1, Salts Mill RoadApartment 10, Vm1, Salts Mill Road, Shipley, BD17 7EE
- Sold Apr 2024£120,000 | 2 Bed FlatVm1, Salts Mill RoadApartment 102, Vm1, Salts Mill Road, Shipley, BD17 7EE
- Sold Nov 2022£67,000 | 2 Bed FlatVm1, Salts Mill RoadApartment 408, Vm1, Salts Mill Road, Shipley, BD17 7EE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 452 addresses on Salts Mill Road, Shipley, BD17, Apartment 405, Vm1, Shipley comes out as the 213th largest and the 152nd most expensive in our analysis of the public data.
It is also £122k less expensive than the average property across the BD17 district.
More reading links
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 405, 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.
