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According to the public record, Flat 2, Bank House 8, Settle is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 581 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 Flat 2, Bank House 8, Settle is £132,467 and the estimated rental value is £596 per month.
The apartment is within Bank House, Duke Street, Settle, BD24.
Duke Street, Settle, BD24 is located within the BD24 postal district.
Flat 2, Bank House 8, Settle has a single entry in the Land Registry from August 2013 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
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 Flat 2, Bank House 8, Settle is in very good condition we estimate a sale value of £139,091 and a rental value of £626 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £123,195 and a rental value of £554 per month.
Over the last 12 months the sale value of Flat 2 Bank House 8 Settle has decreased by an estimated £1,442 (1.1%) and its rental value has increased by an estimated £3 per month (0.6%), giving an expected gross yield of 5.4%.
According to HM Land Registry, Flat 2, Bank House 8, Settle was last sold on 30th August 2013 for £70,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2013, the market for similar properties has dropped 15.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Bank House 8, Settle within a radius of 910 metres over the last 2 years.
The most recent example is Flat 3, Bank House 8, Duke Street, Settle, BD24 9DW, a leasehold flat which sold for £350,050 on the 28th July 2023.
Read more about house prices in BD24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Duke Street, Settle, BD24 has a total of 88 addresses. According to our analysis of all the public data, Flat 2, Bank House 8, Settle is the 82nd largest and the 76th most expensive property on the street.
When compared to the postcode district it is £98k less expensive than the average property in BD24.
The closest station to Flat 2, Bank House 8, Settle is Settle station which is 200 metres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, Bank House 8, Settle, 42.6% of property is privately rented and 40.7% is privately owned outright.
The graph below shows how this compares to Yorkshire and The Humber and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 2, Bank House 8, Settle, 7.1% of residents are recorded as possessing school level qualifications and 35.4% as possessing degree level qualifications.
The graph below shows how this compares to Yorkshire and The Humber and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 2, Bank House 8, Settle, the average age was 50.1 and the most common age was 57.
The graph below shows how this compares to Yorkshire and The Humber and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 2, Bank House 8, Settle, 2.0% of property was a second home.
Comparison figures for Yorkshire and The Humber and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 2, Bank House 8, Settle, there are an average of 0.9 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.