According to the public record, 12, Mill Terrace, Stockport is a modern leasehold house with 678 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Mill Terrace, Stockport, SK5 is located in the borough of Stockport within the SK5 postal district.
12, Mill Terrace, Stockport has a single entry in the Land Registry database from October 2019 and a single entry in the EPC database dated July 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in good condition, we estimate the current sale value for 12 Mill Terrace Stockport as £224,888 and the rental value as £1,143 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 12 Mill Terrace Stockport has increased by £6,935 (3.1%) and its rental value has increased by £88 per month (7.7%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 12, Mill Terrace, Stockport is in very good condition we estimate a sale value of £236,133 and rental value of £1,200 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £209,146 and a rental value of £1,063 per month.
If you were able to purchase this property for the estimated value of £224,888, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,105 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 12, Mill Terrace, Stockport was last sold on 18 Oct 2019 for £200,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Oct 2019, the market for similar properties has risen 34.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Mill Terrace, Stockport within a radius of 450 metres over the last 2 years.
The most recent example is 4, Mill Terrace, Stockport, SK5 6FZ, a Leasehold house which sold for £195,500 in Dec 2021.
Read more about house prices in SK5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Terrace, Stockport, SK5 has a total of 6 addresses. According to our analysis of all the public data, 12, Mill Terrace, Stockport is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £19k more expensive than the average property in SK5.
12, Mill Terrace, Stockport has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Jul 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 12, Mill Terrace, Stockport is Reddish South station which is 500 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 12, Mill Terrace, Stockport, 36.6% of property is socially rented and 28.2% is privately rented.
The graph below shows how this compares to Greater London 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 12, Mill Terrace, Stockport, 14.7% of residents are recorded as possessing school level qualifications and 22.1% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 12, Mill Terrace, Stockport, the average age was 35.8 and the most common age was 27.
The graph below shows how this compares to North West 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 12, Mill Terrace, Stockport, 0.4% of property was a second home.
Comparison figures for North West 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 12, Mill Terrace, Stockport, there are an average of 0.8 cars per household.
See below for how this compares to North West and the rest of England & Wales.