According to the public record, 3, Park Lane, Altrincham is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 2,914 ft2 of internal area and a garden.
Houses of this size in this area normally have 6 bedrooms.
Park Lane, Hale, Altrincham, WA15 is located in the borough of Trafford within the WA15 postal district.
3, Park Lane, Altrincham has 41 entries in the Land Registry database, most recently in May 2019 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 3 Park Lane Altrincham as £1,805,048 and the rental value as £4,299 per month giving an expected gross yield of 2.9%.
Over the last 12 months the sale value of 3 Park Lane Altrincham has increased by £50,550 (2.8%) and its rental value has increased by £9 per month (0.2%).
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 3, Park Lane, Altrincham is in very good condition we estimate a sale value of £1,895,300 and rental value of £4,514 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,678,694 and a rental value of £3,998 per month.
If you were able to purchase this property for the estimated value of £1,805,048, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £8,871 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, 3, Park Lane, Altrincham was last sold on 24 May 2019 for £2,250,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since May 2019, the market for similar properties has risen 27.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Park Lane, Altrincham within a radius of 840 metres over the last 2 years.
The most recent example is 1, Park Lane, Altrincham, WA15 9JS, a Freehold house which sold for £1,500,000 in May 2023.
Read more about house prices in WA15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Lane, Hale, Altrincham, WA15 has a total of 20 addresses. According to our analysis of all the public data, 3, Park Lane, Altrincham is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £1.196m more expensive than the average property in WA15.
The closest station to 3, Park Lane, Altrincham is Hale (Manchester) station which is 1.4 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 3, Park Lane, Altrincham, 54.2% of property is privately owned outright and 42.5% 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 3, Park Lane, Altrincham, 22.9% of residents are recorded as possessing school level qualifications and 52.1% 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 3, Park Lane, 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 3, Park Lane, Altrincham, 5.9% 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 3, Park Lane, Altrincham, there are an average of 2.3 cars per household.
See below for how this compares to North West and the rest of England & Wales.