Flat 7, Merchants Place Merchant Gate, York, YO1 9TU is a leasehold flat built between 2003-2006. The property offers approximately 818 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £400,358 , which equates to approximately £489 per square foot. It was last sold on 20 Aug 2014 for £286,950. Since then, the value has increased by £113,408, representing a 39.5% increase, or approximately 3.5% per year.

The current estimated value of £400,358 is:

  • 9.5% higher than the average property price on Merchant Gate
  • 1.6% higher than the average in the YO1 9TU postcode area
  • and 13.7% higher than the average price for York as a whole

View sold house prices in YO1 9TU

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
818 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£400,358
Price Per sq ft (estimate)
£489
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 7, Merchants Place Merchant Gate, York, YO1 9TU has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 12 Jul 2019.

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 5 Jun 2009. The rating of C is unchanged, though the energy efficiency score decreased by 10.1%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency changing from poor to very poor, while the system remained as electric immersion, off-peak.
  • The lighting was updated from low energy lighting in 50% of fixed outlets to no low energy lighting, with efficiency changing from good to very poor.
Heating Type
Electric underfloor heating
Average
Hot Water
Electric immersion, off-peak
Very Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to YO1 9TU

6 th / 12
Price Rank
2% higher than average
4 th / 12
Size Rank
10% bigger than average
11 th / 12
Price Per Sq FT Rank
8% lower than average

Compared to other properties in YO1 9TU , this flat's estimated value ranks 6th out of 12. Based on price per square foot, it ranks 11th 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 4th out of 12 properties in its postcode area.

Sale History

Today
£400,358
streetscan.co.uk estimate
+40 %
20 Aug 2014
£286,950
Leasehold
+19.6 %
7 Jan 2008
£240,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 743 sq ft
sale price: £297,000
sale date: 31 Jan 2020
rooms: 3
size: 764 sq ft
sale price: £289,000
sale date: 8 Sep 2016
rooms: 4
size: 861 sq ft
sale price: £380,000
sale date: 27 Nov 2015
rooms: 3
size: 732 sq ft
sale price: £325,000
sale date: 13 Mar 2015
rooms: 3
size: 861 sq ft
sale price: £310,000
sale date: 10 Dec 2014

Data Sources

The property at Flat 7, Merchants Place Merchant Gate, York, YO1 9TU appears two times in the Land Registry records, with the latest transaction recorded on 20 Aug 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 12 Jul 2019. 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.