Apartment 8, Raikes Mill
Apartment 8, Raikes Mill
Description & Estimates
According to the public record, Apartment 8, Raikes Mill, Skipton is a modern leasehold apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Apartment 8, Raikes Mill, Skipton is £142,031 and the estimated rental value is £688 per month.
The apartment is within Raikes Mill, Raikes Road, Skipton, BD23.
Raikes Road, Skipton, BD23 is located within the BD23 postal district.
Our Data Sources
Apartment 8, Raikes Mill, Skipton has 2 entries in the Land Registry , most recently in May 2016 and a single entry in the EPC database dated September 2013.
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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Apartment 8, Raikes Mill, Skipton is in very good condition we estimate a sale value of £149,132 and a rental value of £723 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £132,089 and a rental value of £640 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Apartment 8, Raikes Mill, Skipton has declined by £1,091 (0.8%), while its estimated rental value has climbed by £25 per month (3.6%). Based on current estimates, the property offers a gross rental yield of 5.8%.
Energy Efficiency
Apartment 8, Raikes Mill, Skipton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Sep 2013.
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
According to HM Land Registry, Apartment 8, Raikes Mill, Skipton was last sold on 18th May 2016 for £112,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2016, the market for similar properties has risen by 26.8%.
- Sold May 2016£112,000
- Sold May 2007£125,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 8, Raikes Mill, Skipton within a radius of 630 metres over the last 2 years.
The most recent example is Apartment 7, Raikes Mill, Raikes Road, Skipton, BD23 1AD, a leasehold flat which sold for £160,000 on the 16th June 2023.
Read more about house prices in BD23.
- Sold Jun 2023£160,000 | 2 Bed FlatApartment 7, Raikes Mill, Raikes Road, Skipton, BD23 1ADApartment 7, Raikes Mill, Raikes Road, Skipton, BD23 1AD
- Sold Apr 2023£123,000 | 2 Bed FlatApartment 5, Raikes Mill, Raikes Road, Skipton, BD23 1ADApartment 5, Raikes Mill, Raikes Road, Skipton, BD23 1AD
- Sold Jul 2007£125,000 | 2 Bed FlatApartment 4, Raikes Mill, Raikes Road, Skipton, BD23 1ADApartment 4, 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
Raikes Road, Skipton, BD23 has a total of 140 addresses. According to our analysis of all the public data, Apartment 8, Raikes Mill, Skipton is the 103rd largest and the 131st most expensive property on the street.
When compared to the postcode district it is £196k less expensive than the average property in BD23.
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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
The closest station to Apartment 8, Raikes Mill, Skipton is Skipton station, which is 700 metres away.
- 700mSkipton
- 5.2kmCononley
- 5.9kmGargrave
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
