According to the public record, 217, Wellington Road North, Stockport is a period leasehold apartment with 1,140 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
The apartment is in 217, Wellington Road North, Stockport, SK4.
Wellington Road North, Stockport, SK4 is located in the borough of Stockport within the SK4 postal district.
217, Wellington Road North, Stockport has a single entry in the Land Registry database from July 2021 and a single entry in the EPC database dated January 2021.
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 217 Wellington Road North Stockport as £272,405 and the rental value as £1,329 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 217 Wellington Road North Stockport has increased by £16,015 (5.9%) and its rental value has increased by £113 per month (8.5%).
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 217, Wellington Road North, Stockport is in very good condition we estimate a sale value of £286,025 and rental value of £1,396 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £253,337 and a rental value of £1,236 per month.
If you were able to purchase this property for the estimated value of £272,405, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,339 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, 217, Wellington Road North, Stockport was last sold on 23 Jul 2021 for £240,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2021, the market for similar properties has risen 13.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 217, Wellington Road North, Stockport within a radius of 520 metres over the last 2 years.
The most recent example is Flat 2, Heaton Gardens 25, Heaton Moor Road, Stockport, SK4 4LT, a Leasehold flat which sold for £260,000 in Sep 2016.
Read more about house prices in SK4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wellington Road North, Stockport, SK4 has a total of 606 addresses. According to our analysis of all the public data, 217, Wellington Road North, Stockport is the 121st largest and the 143rd most expensive property on the street.
When compared to the postcode district it is £100k less expensive than the average property in SK4.
217, Wellington Road North, Stockport has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Jan 2021.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to 217, Wellington Road North, Stockport is Heaton Chapel 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 217, Wellington Road North, Stockport, 44.5% of property is privately owned with a mortgage and 34.4% is privately owned outright.
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 217, Wellington Road North, Stockport, 20.8% of residents are recorded as possessing school level qualifications and 58.2% 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 217, Wellington Road North, Stockport, the average age was 42 and the most common age was 37.
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 217, Wellington Road North, Stockport, 1.4% 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 217, Wellington Road North, Stockport, there are an average of 1.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.