Flat 5, Merchants Place Merchant Gate, York, YO1 9TU is a leasehold flat built between 2003-2006. The property offers approximately 764 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £358,360 , which equates to approximately £469 per square foot. It was last sold on 8 Sep 2016 for £289,000. Since then, the value has increased by £69,360, representing a 24.0% increase, or approximately 2.6% per year.

The current estimated value of £358,360 is:

  • 2.0% lower than the average property price on Merchant Gate
  • 9.1% lower than the average in the YO1 9TU postcode area
  • and 1.8% higher than the average price for York as a whole

At the most recent EPC inspection on 24 March 2023, the property was recorded as rented.

View sold house prices in YO1 9TU

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
764 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£358,360
Price Per sq ft (estimate)
£469
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 5, Merchants Place Merchant Gate, York, YO1 9TU has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 24 Mar 2023.

This property uses electric underfloor heating as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 2 Jun 2009, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 4.8%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency improving from poor to average, while the system remained as electric immersion, off-peak.
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Electric underfloor heating
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to YO1 9TU

10 th / 12
Price Rank
9% lower than average
5 th / 12
Size Rank
3% bigger than average
12 th / 12
Price Per Sq FT Rank
12% lower than average

Compared to other properties in YO1 9TU , this flat's estimated value ranks 10th out of 12. Based on price per square foot, it ranks 12th out of 12 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 5th out of 12 properties in its postcode area.

Sale History

Today
£358,360
streetscan.co.uk estimate
+24 %
8 Sep 2016
£289,000
Leasehold
+15.6 %
18 Jul 2014
£249,950
Leasehold
+9.6 %
19 Dec 2007
£228,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 678 sq ft
sale price: £280,000
sale date: 20 Jul 2020
rooms: 3
size: 743 sq ft
sale price: £297,000
sale date: 31 Jan 2020
rooms: 3
size: 693 sq ft
sale price: £320,000
sale date: 12 Apr 2018
rooms: 3
size: 693 sq ft
sale price: £312,500
sale date: 27 Jan 2017
rooms: 4
size: 861 sq ft
sale price: £380,000
sale date: 27 Nov 2015

Data Sources

The property at Flat 5, Merchants Place Merchant Gate, York, YO1 9TU appears three times in the Land Registry records, with the latest transaction recorded on 8 Sep 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Mar 2023. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.