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According to the public record, Laren, Driffield is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 2,710 ft2 of internal area and sits on a 3,947 m2 plot and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Laren, Driffield is £596,464 and the estimated rental value is £1,807 per month.
Markman Lane, Nafferton, Driffield, YO25 is located within the YO25 postal district.
Laren, Driffield has a single entry in the Land Registry from June 2010 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 Laren, Driffield is in very good condition we estimate a sale value of £626,287 and a rental value of £1,897 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £554,712 and a rental value of £1,680 per month.
Over the last 12 months the sale value of Laren Driffield has increased by an estimated £272 (0.0%) and its rental value has increased by an estimated £70 per month (3.9%), giving an expected gross yield of 3.6%.
According to data from HM Land Registry, Laren, Driffield sits on a plot of 3947m2.
We have plot size data on 3 out of 3 other houses in the postcode and Laren, Driffield sits on the 3rd largest plot.
According to HM Land Registry, Laren, Driffield was last sold on 18th June 2010 for £440,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2010, the market for similar properties has risen 46.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Laren, Driffield within a radius of 2.0 kilometres over the last 2 years.
The most recent example is 55, Westgate, Driffield, YO25 4LJ, a freehold house which sold for £585,000 on the 18th January 2023.
Read more about house prices in YO25.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Markman Lane, Nafferton, Driffield, YO25 has a total of 3 addresses. According to our analysis of all the public data, Laren, Driffield is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £342k more expensive than the average property in YO25.
The closest station to Laren, Driffield is Nafferton station which is 600 metres away.
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 Laren, Driffield, 40.2% of property is privately owned outright and 39.7% is privately owned with a mortgage.
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 Laren, Driffield, 21.0% of residents are recorded as possessing school level qualifications and 34.4% 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 Laren, Driffield, the average age was 46.1 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 Laren, Driffield, 0.8% 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 Laren, Driffield, there are an average of 1.7 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.