At a sale price of £346k, we expect this property to be in poor condition.
UPDATE CONDITION15 Lakeside, Primrose Valley is a 3 bedroom detached house spread over 1,399 square feet, making it one of the smaller properties here - it is ranked as the 6th most expensive property* in YO14 9RJ, with a valuation of £346,000.
Since it last sold in June 2021 for £325,000, its value has increased by £21,000.
If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £327k and £365k.
The property didn't turn out to be a great investment for the previous owner - returning on average 2.1% per annum.
27 detached houses have sold at an average price of £300,481 over the last 12 months (in the area coverring YO14 9).
Built between 1996 and 2002, the property has sold four times over the last 29 years.
15 Lakeside is moderately smaller than the average property in this postcode.
The most paid for a property in Lakeside, YO14 9RJ was £410,000 in 2022.
Date | Price | Change |
---|---|---|
Today's value* | £346,000 | 6.5% |
25 Jun 2021 | £325,000 | 34.0% |
04 May 2007 | £242,500 | 150.0% |
12 Oct 1999 | £97,000 | 1.0% |
04 Sep 1998 | £96,000 | - |
The most likely sale price is £346,000 but at the lower end we think it should fetch a minimum of £327,000.
On a cost per square foot basis, this property is valued at 14% more than the other houses in this postcode.
This property has increased in price by £21,000 since it last sold in 2021 - this equates to a 2.3% rise each year.
If the property has been refurbished or extended since it was last purchased, tell us about any home improvements to get a revised valuation.
A higher cost per square foot can indicate that the property is in a better condition than the other properties or that it has a bigger garden (for more information see our valuation review) of this property.
If the property was previously purchased in a bad state of repair, making home improvements could increase its sale price to £431,000.
Mortgage repayment calculatorThe previous owner had the property for 14 years, having purchased it in May 2007 for £242,500.
During this time, the price rose by £82,500 (34%), which equates to it increasing in value by 2.1% each year.
The property didn't turn out to be a great investment for the previous owner.
If the automated valuation doesn't look right you can create a custom valuation report by finding comparable properties near by to generate a fresh valuation.
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* Excluding properties that we've been unable to calculate a valuation for. ** Excludes property transactions that occurred before 1995.
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Contains HM Land Registry data © Crown copyright and database right 2023. This data is licensed under the Open Government Licence v3.0.
The latest HM Land registry data covers property transactions up until 31/01/2024 - this was released on the 28/02/2024.