According to the public record, 281, Thornley Lane South, Stockport is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 606 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Thornley Lane South, Stockport, SK5 is located in the borough of Stockport within the SK5 postal district.
281, Thornley Lane South, Stockport has 31 entries in the Land Registry database, most recently in January 2008 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 281 Thornley Lane South Stockport as £115,733 and the rental value as £709 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 281 Thornley Lane South Stockport has increased by £4,433 (3.8%) and its rental value has increased by £60 per month (8.4%).
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 281, Thornley Lane South, Stockport is in very good condition we estimate a sale value of £121,520 and rental value of £744 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £107,632 and a rental value of £659 per month.
If you were able to purchase this property for the estimated value of £115,733, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £569 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, 281, Thornley Lane South, Stockport was last sold on 10 Jan 2008 for £85,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jan 2008, the market for similar properties has risen 42.4%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 710 metres radius of 281, Thornley Lane South, Stockport 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.
Thornley Lane South, Stockport, SK5 has a total of 163 addresses. According to our analysis of all the public data, 281, Thornley Lane South, Stockport is the 114th largest and the 143rd most expensive property on the street.
When compared to the postcode district it is £90k less expensive than the average property in SK5.
The closest station to 281, 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 281, 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 281, 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 281, 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 281, 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 281, 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.