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According to the public record, Flat 8, Bobbin Mill, Buxton is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 877 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 8, Bobbin Mill, Buxton is £250,088 and the estimated rental value is £997 per month.
The apartment is within Bobbin Mill, Cressbrook, Buxton, SK17.
Cressbrook, Buxton, SK17 is located in the borough of Derbyshire Dales within the SK17 postal district.
Flat 8, Bobbin Mill, Buxton has 3 entries in the Land Registry , most recently in July 2016 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 3 out of 5 and is considered of medium 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 8, Bobbin Mill, Buxton is in very good condition we estimate a sale value of £262,593 and a rental value of £1,047 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £232,582 and a rental value of £928 per month.
Over the last 12 months the sale value of Flat 8 Bobbin Mill Buxton has decreased by an estimated £2,363 (0.9%) and its rental value has increased by an estimated £36 per month (3.6%), giving an expected gross yield of 4.8%.
According to HM Land Registry, Flat 8, Bobbin Mill, Buxton was last sold on 22nd July 2016 for £240,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since July 2016, the market for similar properties has dropped 26.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, Bobbin Mill, Buxton within a radius of 3.9 kilometres over the last 2 years.
The most recent example is Flat 5, Bobbin Mill, Buxton, SK17 8SA, a leasehold flat which sold for £255,000 on the 16th October 2023.
Read more about house prices in SK17.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cressbrook, Buxton, SK17 has a total of 77 addresses. According to our analysis of all the public data, Flat 8, Bobbin Mill, Buxton is the 37th largest and the 57th most expensive property on the street.
When compared to the postcode district it is £40k less expensive than the average property in SK17.
The closest station to Flat 8, Bobbin Mill, Buxton is Grindleford station which is 9.8 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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 8, Bobbin Mill, Buxton, 51.0% of property is privately owned outright and 27.2% is privately rented.
The graph below shows how this compares to East Midlands 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 8, Bobbin Mill, Buxton, 12.2% of residents are recorded as possessing school level qualifications and 58.5% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 8, Bobbin Mill, Buxton, the average age was 50.4 and the most common age was 57.
The graph below shows how this compares to East Midlands 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 8, Bobbin Mill, Buxton, 3.6% of property was a second home.
Comparison figures for East Midlands 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 8, Bobbin Mill, Buxton, there are an average of 1.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.