According to the public record, 271, Thornley Lane South, Stockport is a mid-century apartment with 333 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Thornley Lane South, Stockport, SK5 is located in the borough of Stockport within the SK5 postal district.
271, Thornley Lane South, Stockport has no records in the Land Registry database and a single entry in the EPC database dated October 2023.
We combine this information with public data 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 271 Thornley Lane South Stockport as £84,834 and the rental value as £539 per month giving an expected gross yield of 7.6%.
Over the last 12 months the sale value of 271 Thornley Lane South Stockport has increased by £1,477 (1.7%) and its rental value has increased by £34 per month (6.3%).
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 271, Thornley Lane South, Stockport is in very good condition we estimate a sale value of £89,075 and rental value of £566 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £78,895 and a rental value of £501 per month.
If you were able to purchase this property for the estimated value of £84,834, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £417 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 271, Thornley Lane South, Stockport within a radius of 710 metres over the last 2 years.
The most recent example is 275, Thornley Lane South, Stockport, SK5 6YP, a Leasehold flat which sold for £96,000 in Jul 2023.
Read more about house prices in SK5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Thornley Lane South, Stockport, SK5 has a total of 163 addresses. According to our analysis of all the public data, 271, Thornley Lane South, Stockport is the 154th largest and the 161st most expensive property on the street.
When compared to the postcode district it is £121k less expensive than the average property in SK5.
271, Thornley Lane South, Stockport has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Oct 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 271, Thornley Lane South, Stockport is Reddish North station which is 900 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 271, Thornley Lane South, Stockport, 51.4% of property is privately owned outright and 23.0% 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 271, Thornley Lane South, Stockport, 11.0% of residents are recorded as possessing school level qualifications and 23.3% 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 271, Thornley Lane South, 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 271, Thornley Lane South, Stockport, 0.0% 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 271, Thornley Lane South, Stockport, there are an average of 1.1 cars per household.
See below for how this compares to North West and the rest of England & Wales.