According to the public record, 18, Melrose Crescent, Altrincham is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,522 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Melrose Crescent, Hale, Altrincham, WA15 is located in the borough of Trafford within the WA15 postal district.
18, Melrose Crescent, Altrincham has a single entry in the Land Registry database from July 2015 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 18 Melrose Crescent Altrincham as £777,774 and the rental value as £2,796 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 18 Melrose Crescent Altrincham has increased by £26,536 (3.4%) and its rental value has increased by £14 per month (0.5%).
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 18, Melrose Crescent, Altrincham is in very good condition we estimate a sale value of £816,663 and rental value of £2,935 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £723,330 and a rental value of £2,600 per month.
If you were able to purchase this property for the estimated value of £777,774, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,823 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, 18, Melrose Crescent, Altrincham was last sold on 21 Jul 2015 for £501,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2015, the market for similar properties has risen 57.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Melrose Crescent, Altrincham within a radius of 850 metres over the last 2 years.
The most recent example is 40, Melrose Crescent, Altrincham, WA15 8NL, a Freehold house which sold for £660,000 in Sep 2023.
Read more about house prices in WA15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melrose Crescent, Hale, Altrincham, WA15 has a total of 74 addresses. According to our analysis of all the public data, 18, Melrose Crescent, Altrincham is the 20th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £169k more expensive than the average property in WA15.
The closest station to 18, Melrose Crescent, Altrincham is Hale (Manchester) station which is 1.9 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 18, Melrose Crescent, Altrincham, 66.2% of property is privately owned outright and 25.6% 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 18, Melrose Crescent, Altrincham, 19.3% of residents are recorded as possessing school level qualifications and 60.6% 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 18, Melrose Crescent, Altrincham, the average age was 43 and the most common age was 12.
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 18, Melrose Crescent, Altrincham, 1.6% 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 18, Melrose Crescent, Altrincham, there are an average of 1.5 cars per household.
See below for how this compares to North West and the rest of England & Wales.