According to the public record, 12, Thorn Bank Lodge 150, Stockport is a modern leasehold apartment with 452 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Thorn Bank Lodge, Heaton Moor Road, Stockport, SK4.
Heaton Moor Road, Stockport, SK4 is located in the borough of Stockport within the SK4 postal district.
12, Thorn Bank Lodge 150, Stockport has 41 entries in the Land Registry database, most recently in May 2022 and a single entry in the EPC database dated September 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 reasonable condition, we estimate the current sale value for 12 Thorn Bank Lodge 150 Stockport as £198,801 and the rental value as £987 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 12 Thorn Bank Lodge 150 Stockport has increased by £9,405 (4.7%) and its rental value has increased by £75 per month (7.6%).
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, Thorn Bank Lodge 150, Stockport is in very good condition we estimate a sale value of £208,741 and rental value of £1,037 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £184,885 and a rental value of £918 per month.
If you were able to purchase this property for the estimated value of £198,801, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £977 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, Thorn Bank Lodge 150, Stockport was last sold on 06 May 2022 for £186,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since May 2022, the market for similar properties has risen 5.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Thorn Bank Lodge 150, Stockport within a radius of 470 metres over the last 2 years.
The most recent example is 15, Heaton Court 128, Heaton Moor Road, Stockport, SK4 4RX, a Leasehold flat which sold for £140,000 in Dec 2023.
Read more about house prices in SK4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Heaton Moor Road, Stockport, SK4 has a total of 530 addresses. According to our analysis of all the public data, 12, Thorn Bank Lodge 150, Stockport is the 495th largest and the 388th most expensive property on the street.
When compared to the postcode district it is £173k less expensive than the average property in SK4.
12, Thorn Bank Lodge 150, Stockport has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 10 Sep 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 12, Thorn Bank Lodge 150, Stockport is Heaton Chapel station which is 800 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, Thorn Bank Lodge 150, Stockport, 45.5% of property is privately owned outright and 28.0% is privately owned with a mortgage.
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, Thorn Bank Lodge 150, Stockport, 23.4% of residents are recorded as possessing school level qualifications and 58.3% 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, Thorn Bank Lodge 150, Stockport, the average age was 41.9 and the most common age was 47.
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, Thorn Bank Lodge 150, Stockport, 2.1% 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, Thorn Bank Lodge 150, Stockport, there are an average of 1.3 cars per household.
See below for how this compares to North West and the rest of England & Wales.