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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Spindlewood, Driffield is recorded publicly as a modern freehold house across 1,377 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of Spindlewood, Driffield is £423,666 and its rental estimate is £1,323 per month, given the available information and assuming reasonable condition.
Beverley Road, Wetwang, Driffield, YO25 falls within the YO25 postal district.
Spindlewood, Driffield has a single entry in the Land Registry from September 2023 and a single entry in the EPC database dated May 2023.
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.
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 Spindlewood, Driffield, we estimate a market value of £444,849 and a rental value of £1,389 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £394,009 and £1,230 per month respectively.
Over the last year, Spindlewood, Driffield has seen its estimated sale value move up by £267 (0.1%) and its estimated rental value increase by £52 per month (3.9%). This results in an estimated gross rental yield of 3.7%.
Spindlewood, Driffield has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 31 May 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, radiators, electric.
The most recent sale of Spindlewood, Driffield completed on 1st September 2023 at £391,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 5.9% over the period since September 2023.
Over the past 2 years 3 properties similar to Spindlewood, Driffield have sold within a radius of 8.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th February 2024, was Aspen House, Beverley Road, Driffield, YO25 9XR, a freehold house which sold for £405,000.
Read more about house prices in YO25.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 11 addresses on Beverley Road, Wetwang, Driffield, YO25, Spindlewood, Driffield comes out as the 6th largest and the 5th most expensive in our analysis of the public data.
It is also £169k more expensive than the average property across the YO25 district.
From Spindlewood, Driffield, the nearest station is Driffield, 9.2 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Spindlewood, Driffield, 33.8% of property is privately owned with a mortgage and 31.2% 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 Spindlewood, Driffield, 28.0% of residents are recorded as possessing school level qualifications and 28.1% 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 Spindlewood, Driffield, the average age was 47 and the most common age was 72.
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 Spindlewood, Driffield, 1.6% 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 Spindlewood, Driffield, there are an average of 1.5 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.
