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According to the public record, Flat 5, The Old Lab Works 54, Leeds is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 544 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 5, The Old Lab Works 54, Leeds is £143,143 and the estimated rental value is £917 per month.
The apartment is within The Old Lab Works, Devon Road, Leeds, LS2.
Devon Road, Leeds, LS2 is located in the borough of Leeds within the LS2 postal district.
Flat 5, The Old Lab Works 54, Leeds has 2 entries in the Land Registry , most recently in July 2024 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 5, The Old Lab Works 54, Leeds is in very good condition we estimate a sale value of £150,300 and a rental value of £963 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £133,123 and a rental value of £853 per month.
Over the last 12 months the sale value of Flat 5 The Old Lab Works 54 Leeds has decreased by an estimated £6,038 (4.2%) and its rental value has increased by an estimated £23 per month (2.5%), giving an expected gross yield of 7.7%.
According to HM Land Registry, Flat 5, The Old Lab Works 54, Leeds was last sold on 19th July 2024 for £150,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since July 2024, the market for similar properties has dropped 12.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, The Old Lab Works 54, Leeds within a radius of 360 metres over the last 2 years.
The most recent example is 19, Dene House Court, Leeds, LS2 9BS, a leasehold flat which sold for £166,000 on the 12th April 2024.
Read more about house prices in LS2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Devon Road, Leeds, LS2 has a total of 117 addresses. According to our analysis of all the public data, Flat 5, The Old Lab Works 54, Leeds is the 107th largest and the 109th most expensive property on the street.
When compared to the postcode district it is £27k less expensive than the average property in LS2.
The closest station to Flat 5, The Old Lab Works 54, Leeds is Leeds station which is 1.6 kilometres 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 5, The Old Lab Works 54, Leeds, 40.0% of property is privately rented and 35.0% is socially rented.
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 5, The Old Lab Works 54, Leeds, 48.7% of residents are recorded as possessing school level qualifications and 27.3% 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 5, The Old Lab Works 54, Leeds, the average age was 28.5 and the most common age was 22.
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 5, The Old Lab Works 54, Leeds, 0.0% 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 5, The Old Lab Works 54, Leeds, there are an average of 1.0 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.
