Apartment 502, Vm2
Apartment 502, Vm2
Description & Estimates
Public records show Apartment 502, Vm2, Shipley to be a modern leasehold apartment with 1,237 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
Apartment 502, Vm2, Shipley has an estimated sale value of £189,508 and an estimated rental value of £783 per month, assuming reasonable condition and based on the information available.
The apartment sits within Vm2, Salts Mill Road, Shipley, BD17.
Salts Mill Road, Shipley, BD17 lies in the borough of Bradford, within the BD17 postal district.
Our Data Sources
Apartment 502, Vm2, Shipley has a single entry in the Land Registry from August 2008 and a single entry in the EPC database dated August 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Apartment 502, Vm2, Shipley would be worth £198,983, with a potential rental value of £823 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £176,242, with a rental value of £729 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 502, Vm2, Shipley has grown by £1,196 (0.6%) over the last year. During the same period, its estimated monthly rental value has climbed by £29 (3.7%). The property's estimated gross yield is currently 5.0%.
Energy Efficiency
Apartment 502, Vm2, Shipley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Aug 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
Apartment 502, Vm2, Shipley last changed hands on 28th August 2008, selling for £316,180. 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 14.9% since August 2008.
- Sold Aug 2008£316,180
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 600 metres of Apartment 502, Vm2, Shipley across the last 2 years.
Most recently, Apartment 54, Old Mill, Salts Mill Road, Shipley, BD17 7EG, a leasehold flat, sold at £185,000 on the 9th December 2022.
Read more about house prices in BD17.
- Sold Dec 2022£185,000 | 3 Bed FlatOld Mill, Salts Mill RoadApartment 54, Old Mill, Salts Mill Road, Shipley, BD17 7EG
- Sold Mar 2021£173,000 | 3 Bed FlatSalts Mill RoadApartment 46 New Mill, Salts Mill Road, Shipley, BD17 7EJ
- Sold Dec 2020£100,000 | 3 Bed FlatVm2, Salts Mill RoadApartment 706, Vm2, Salts Mill Road, Shipley, BD17 7DF
•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 502, Vm2, Shipley as the 13th largest and the 26th most expensive of the 452 addresses on Salts Mill Road, Shipley, BD17.
Against the BD17 postcode district average, it is £81k less expensive than the typical property.
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Schools Nearby
- 600mWycliffe CofE Primary School
- 700mBaildon Glen Primary School
- 1.0kmShipley CofE Primary School
- 1.1kmTitus Salt School
- 2.6kmSt Bede's and St Joseph's Catholic College, A Voluntary Academy
- 2.7kmDixons Cottingley Academy
More reading links
Public Transport Nearby
Shipley (Yorks) station is the nearest stop to Apartment 502, Vm2, Shipley at 700 metres away.
- 700mShipley (Yorks)
- 900mSaltaire
- 2.0kmBaildon
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 high risk of flooding.
