According to the public record, 2, Mill Lane, Stockport is a period freehold house with 914 ft2 of internal area and sits on a 137 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Mill Lane, Stockport, SK5 is located in the borough of Stockport within the SK5 postal district.
2, Mill Lane, Stockport has 21 entries in the Land Registry database, most recently in April 2006 and a single entry in the EPC database dated October 2014.
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 2 Mill Lane Stockport as £204,941 and the rental value as £1,129 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 2 Mill Lane Stockport has increased by £6,811 (3.3%) and its rental value has increased by £89 per month (7.9%).
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 2, Mill Lane, Stockport is in very good condition we estimate a sale value of £215,188 and rental value of £1,185 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £190,595 and a rental value of £1,050 per month.
If you were able to purchase this property for the estimated value of £204,941, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,007 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 data from HM Land Registry, 2, Mill Lane, Stockport sits on a plot of 137m2.
We have plot size data on 39 out of 63 other houses in the postcode and 2, Mill Lane, Stockport sits on the 7th largest plot.
According to HM Land Registry, 2, Mill Lane, Stockport was last sold on 05 Apr 2006 for £93,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Mill Lane, Stockport within a radius of 460 metres over the last 2 years.
The most recent example is 13, Mill Lane, Stockport, SK5 6UU, a Freehold house which sold for £177,500 in Mar 2024.
Read more about house prices in SK5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Lane, Stockport, SK5 has a total of 101 addresses. According to our analysis of all the public data, 2, Mill Lane, Stockport is the 44th largest and the 51st most expensive property on the street.
When compared to the postcode district it is £695 less expensive than the average property in SK5.
2, Mill Lane, Stockport has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 21 Oct 2014.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 2, Mill Lane, Stockport is Reddish North station which is 600 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 2, Mill Lane, Stockport, 50.4% of property is privately owned outright and 36.4% 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 2, Mill Lane, Stockport, 8.9% of residents are recorded as possessing school level qualifications and 25.9% 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 2, Mill Lane, Stockport, the average age was 41 and the most common age was 57.
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 2, Mill Lane, Stockport, 1.8% 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 2, Mill Lane, 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.