Flat 9, Merchants Place
Flat 9, Merchants Place
Description & Estimates
Flat 9, Merchants Place, York is recorded publicly as a modern leasehold apartment across 861 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 9, Merchants Place, York is £358,214 and its rental estimate is £1,535 per month, given the available information and assuming reasonable condition.
Merchants Place, Merchant Gate is a residential building on Merchant Gate, York, YO1 and falls within the YO1 postal district.
Our Data Sources
Flat 9, Merchants Place, York has 2 entries in the Land Registry , most recently in November 2015 and a single entry in the EPC database dated October 2019.
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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 9, Merchants Place, York, we estimate a market value of £376,125 and a rental value of £1,612 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £333,139 and £1,427 per month respectively.
Recent Market Change
Over the last year, Flat 9, Merchants Place, York has seen its estimated sale value rise by £3,301 (0.9%) and its estimated rental value move up by £79 per month (5.2%). This results in an estimated gross rental yield of 5.1%.
Energy Efficiency
Flat 9, Merchants Place, York has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Oct 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric underfloor heating.
Sold Prices
The most recent sale of Flat 9, Merchants Place, York completed on 27th November 2015 at £380,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 13.1% over the period since November 2015.
- Sold Nov 2015£380,000
- Sold Feb 2008£296,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 9, Merchants Place, York have sold within a radius of 280 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th December 2024, was 7 John Walker House, Dixons Yard, York, YO1 9SX, a leasehold flat which sold for £395,000.
Read more about house prices in YO1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 13 addresses on Merchant Gate, York, YO1, Flat 9, Merchants Place, York comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £42k more expensive than the average property across the YO1 district.
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Schools Nearby
- 600mFishergate Primary School
- 700mSt Wilfrid's Catholic Primary School - a Catholic Voluntary Academy
- 800mSt George's Catholic Primary School - a Catholic Voluntary Academy
- 1.2kmMillthorpe School
- 1.3kmAll Saints Catholic School York
- 2.5kmFulford School
More reading links
Public Transport Nearby
From Flat 9, Merchants Place, York, the nearest station is York, 1.0 kilometres away.
- 1.0kmYork
- 5.1kmPoppleton
- 14.1kmHammerton
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated low, based on Environment Agency data.
