According to the public record, 38, Broomfield Drive, Stockport is a mid-century leasehold apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Broomfield Drive, Stockport, SK5 is located in the borough of Stockport within the SK5 postal district.
38, Broomfield Drive, Stockport has a single entry in the Land Registry database from April 2013 and a single entry in the EPC database dated June 2013.
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 38 Broomfield Drive Stockport as £148,503 and the rental value as £803 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 38 Broomfield Drive Stockport has increased by £5,403 (3.6%) and its rental value has increased by £64 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 38, Broomfield Drive, Stockport is in very good condition we estimate a sale value of £155,928 and rental value of £843 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £138,107 and a rental value of £746 per month.
If you were able to purchase this property for the estimated value of £148,503, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £730 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, 38, Broomfield Drive, Stockport was last sold on 26 Apr 2013 for £77,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2013, the market for similar properties has risen 74.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Broomfield Drive, Stockport within a radius of 630 metres over the last 2 years.
The most recent example is 34, Broomfield Drive, Stockport, SK5 7DR, a Leasehold flat which sold for £137,500 in Mar 2024.
Read more about house prices in SK5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Broomfield Drive, Stockport, SK5 has a total of 43 addresses. According to our analysis of all the public data, 38, Broomfield Drive, Stockport is the 33rd largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £57k less expensive than the average property in SK5.
38, Broomfield Drive, Stockport has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Jun 2013.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 38, Broomfield Drive, Stockport is Reddish South station which is 800 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 38, Broomfield Drive, Stockport, 40.7% of property is privately owned with a mortgage and 22.8% is privately rented.
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 38, Broomfield Drive, Stockport, 19.9% of residents are recorded as possessing school level qualifications and 30.0% 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 38, Broomfield Drive, Stockport, the average age was 41.1 and the most common age was 32.
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 38, Broomfield Drive, Stockport, 0.3% 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 38, Broomfield Drive, Stockport, there are an average of 1.2 cars per household.
See below for how this compares to North West and the rest of England & Wales.