Mill Leat, Tanfield Mill
Mill Leat, Tanfield Mill
Description & Estimates
The public record lists Mill Leat, Tanfield Mill, Ripon as a leasehold apartment.
Comparison with its neighbours suggests a modern apartment with 651 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Mill Leat, Tanfield Mill, Ripon has an estimated sale value of £247,570 and an estimated rental value of £1,061 per month, assuming reasonable condition and based on the information available.
The apartment sits within Tanfield Mill, West Tanfield, Ripon, HG4.
West Tanfield, Ripon, HG4 lies within the HG4 postal district.
Our Data Sources
Mill Leat, Tanfield Mill, Ripon has a single entry in the Land Registry from September 2021 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.
Price Range & Condition
In very good condition, we estimate Mill Leat, Tanfield Mill, Ripon would be worth £259,949, with a potential rental value of £1,114 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £230,241, with a rental value of £986 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Mill Leat, Tanfield Mill, Ripon has moved down by £10,141 (4.1%) over the last year. During the same period, its estimated monthly rental value has increased by £44 (4.1%). The property's estimated gross yield is currently 5.1%.
Sold Prices
Mill Leat, Tanfield Mill, Ripon last changed hands on 15th September 2021, selling for £250,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 42.0% since September 2021.
- Sold Sep 2021£250,000
Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales within 5.9 kilometres of Mill Leat, Tanfield Mill, Ripon across the last 2 years.
Most recently, River View, Tanfield Mill, Ripon, HG4 5LF, a leasehold house, sold at £575,000 on the 23rd June 2021.
Read more about house prices in HG4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Mill Leat, Tanfield Mill, Ripon as the 48th largest and the 44th most expensive of the 49 addresses on West Tanfield, Ripon, HG4.
Against the HG4 postcode district average, it is £81k less expensive than the typical property.
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Schools Nearby
- 1.1kmSt Nicholas Church of England Primary School, West Tanfield
- 1.7kmNorth Stainley Church of England Primary School
- 5.3kmGrewelthorpe Church of England Primary School
- 7.4kmRipon Grammar School
- 7.6kmOutwood Academy Ripon
- 9.2kmBedale High School
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Public Transport Nearby
Thirsk station is the nearest stop to Mill Leat, Tanfield Mill, Ripon at 13.6 kilometres away.
- 13.6kmThirsk
- 17.0kmNorthallerton
- 22.6kmKnaresborough
Risk of Flooding
Environment Agency data suggests this area has a high risk of flooding.
