According to the public record, 4, Highbank 2, Altrincham is a modern leasehold apartment with 1,216 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Highbank, Green Walk, Bowdon, Altrincham, WA14.
Green Walk, Bowdon, Altrincham, WA14 is located in the borough of Trafford within the WA14 postal district.
4, Highbank 2, Altrincham has a single entry in the Land Registry database from October 2020 and a single entry in the EPC database dated August 2018.
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 4 Highbank 2 Altrincham as £968,873 and the rental value as £2,595 per month giving an expected gross yield of 3.2%.
Over the last 12 months the sale value of 4 Highbank 2 Altrincham has increased by £71,197 (7.3%) and its rental value has increased by £164 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 4, Highbank 2, Altrincham is in very good condition we estimate a sale value of £1,017,317 and rental value of £2,725 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £901,052 and a rental value of £2,414 per month.
If you were able to purchase this property for the estimated value of £968,873, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,762 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, 4, Highbank 2, Altrincham was last sold on 07 Oct 2020 for £1,300,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2020, the market for similar properties has risen 17.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Highbank 2, Altrincham within a radius of 790 metres over the last 2 years.
The most recent example is 8, Highbank 2, Green Walk, Altrincham, WA14 2SJ, a Leasehold flat which sold for £675,000 in Nov 2020.
Read more about house prices in WA14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Green Walk, Bowdon, Altrincham, WA14 has a total of 65 addresses. According to our analysis of all the public data, 4, Highbank 2, Altrincham is the 55th largest and the 39th most expensive property on the street.
When compared to the postcode district it is £400k more expensive than the average property in WA14.
4, Highbank 2, Altrincham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Aug 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 4, Highbank 2, Altrincham is Hale (Manchester) station which is 1.2 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 4, Highbank 2, Altrincham, 58.8% of property is privately owned outright and 25.2% 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 4, Highbank 2, Altrincham, 21.3% of residents are recorded as possessing school level qualifications and 54.1% 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 4, Highbank 2, Altrincham, the average age was 44.4 and the most common age was 52.
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 4, Highbank 2, Altrincham, 3.6% 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 4, Highbank 2, Altrincham, there are an average of 1.4 cars per household.
See below for how this compares to North West and the rest of England & Wales.