According to the public record, 15, Melton Street, Stockport is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 864 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Melton Street, Stockport, SK5 is located in the borough of Stockport within the SK5 postal district.
15, Melton Street, Stockport has 31 entries in the Land Registry database, most recently in December 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 15 Melton Street Stockport as £202,424 and the rental value as £1,108 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 15 Melton Street Stockport has increased by £6,361 (3.1%) and its rental value has increased by £71 per month (6.4%).
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 15, Melton Street, Stockport is in very good condition we estimate a sale value of £212,545 and rental value of £1,163 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £188,255 and a rental value of £1,030 per month.
If you were able to purchase this property for the estimated value of £202,424, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £995 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, 15, Melton Street, Stockport was last sold on 07 Dec 2007 for £109,950 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Dec 2007, the market for similar properties has risen 79.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Melton Street, Stockport within a radius of 560 metres over the last 2 years.
The most recent example is 14, Clare Road, Stockport, SK5 7QW, a Freehold house which sold for £195,000 in Jun 2023.
Read more about house prices in SK5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melton Street, Stockport, SK5 has a total of 27 addresses. According to our analysis of all the public data, 15, Melton Street, Stockport is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £3k less expensive than the average property in SK5.
The closest station to 15, Melton Street, Stockport is Heaton Chapel station which is 1.6 kilometres 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 15, Melton Street, Stockport, 33.9% of property is privately rented and 30.4% 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 15, Melton Street, Stockport, 18.0% of residents are recorded as possessing school level qualifications and 32.8% 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 15, Melton Street, Stockport, the average age was 38.8 and the most common age was 32.
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 15, Melton Street, Stockport, 0.9% 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 15, Melton Street, Stockport, there are an average of 1.0 cars per household.
See below for how this compares to North West and the rest of England & Wales.