Flat 2, Grasmead House 1
Flat 2, Grasmead House 1
Description & Estimates
According to the public record, Flat 2, Grasmead House 1, York is a period leasehold apartment with 742 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, Grasmead House 1, York is £305,307 and the estimated rental value is £994 per month.
The apartment is within Grasmead House, Scarcroft Hill, York, YO24.
Scarcroft Hill, York, YO24 is located within the YO24 postal district.
Our Data Sources
Flat 2, Grasmead House 1, York has a single entry in the Land Registry from February 2019 and a single entry in the EPC database dated September 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 Flat 2, Grasmead House 1, York is in very good condition we estimate a sale value of £320,572 and a rental value of £1,044 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £283,936 and a rental value of £924 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 2, Grasmead House 1, York has moved down by £2,453 (0.8%), while its estimated rental value has increased by £37 per month (3.7%). Based on current estimates, the property offers a gross rental yield of 3.9%.
Energy Efficiency
Flat 2, Grasmead House 1, York has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 10 Sep 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
According to HM Land Registry, Flat 2, Grasmead House 1, York was last sold on 14th February 2019 for £255,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since February 2019, the market for similar properties has dropped by 18.0%.
- Sold Feb 2019£255,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Grasmead House 1, York within a radius of 440 metres over the last 2 years.
The most recent example is Flat 3, 44, East Mount Road, York, YO24 1BD, a leasehold flat which sold for £486,750 on the 10th March 2023.
Read more about house prices in YO24.
- Sold Mar 2023£486,750 | 2 Bed Flat44, East Mount RoadFlat 3, 44, East Mount Road, York, YO24 1BD
- Sold Jun 2021£290,000 | 2 Bed FlatGrasmead House 1, Scarcroft HillFlat 3, Grasmead House 1, Scarcroft Hill, York, YO24 1DF
- Sold Feb 2018£262,500 | 2 Bed FlatGrasmead House 1, Scarcroft HillFlat 1, Grasmead House 1, Scarcroft Hill, York, YO24 1DF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Scarcroft Hill, York, YO24 has a total of 62 addresses. According to our analysis of all the public data, Flat 2, Grasmead House 1, York is the 54th largest and the 56th most expensive property on the street.
When compared to the postcode district it is £23k less expensive than the average property in YO24.
More reading links
Schools Nearby
- 300mScarcroft Primary School
- 600mSt Paul's Church of England Voluntary Controlled Primary School
- 800mKnavesmire Primary School
- 100mAll Saints Catholic School York
- 300mMillthorpe School
- 2.3kmFulford School
More reading links
Public Transport Nearby
The closest station to Flat 2, Grasmead House 1, York is York station, which is 800 metres away.
- 800mYork
- 4.6kmPoppleton
- 13.4kmUlleskelf
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.
