Apartment 605, Vm2
Apartment 605, Vm2
Description & Estimates
Apartment 605, Vm2, Shipley is recorded publicly as a modern leasehold apartment across 441 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Apartment 605, Vm2, Shipley is £112,172 and its rental estimate is £556 per month, given the available information and assuming reasonable condition.
Vm2, 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 605, Vm2, Shipley has a single entry in the Land Registry from March 2012 and a single entry in the EPC database dated January 2023.
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
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 605, Vm2, Shipley, we estimate a market value of £117,780 and a rental value of £583 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £104,320 and £517 per month respectively.
Recent Market Change
Over the last year, Apartment 605, Vm2, Shipley has seen its estimated sale value increase by £12 (0.0%) and its estimated rental value grow by £17 per month (3.0%). This results in an estimated gross rental yield of 5.9%.
Energy Efficiency
Apartment 605, Vm2, Shipley has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Jan 2023.
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 605, Vm2, Shipley completed on 15th March 2012 at £71,400 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 risen by 14.8% over the period since March 2012.
- Sold Mar 2012£71,400
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Apartment 605, Vm2, Shipley have sold within a radius of 600 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 605, Vm2, Shipley comes out as the 379th largest and the 372nd most expensive in our analysis of the public data.
It is also £159k less expensive than the average property across the BD17 district.
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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
From Apartment 605, Vm2, Shipley, the nearest station is Shipley (Yorks), 700 metres away.
- 700mShipley (Yorks)
- 900mSaltaire
- 2.0kmBaildon
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.
