According to the public record, 40 Spathfield Court, Stockport is a mid-century leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Spathfield Court, Holmfield Close, Stockport, SK4.
Holmfield Close, Stockport, SK4 is located in the borough of Stockport within the SK4 postal district.
40 Spathfield Court, Stockport has 21 entries in the Land Registry database, most recently in July 2024 and a single entry in the EPC database dated August 2016.
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 40 Spathfield Court Stockport as £122,833 and the rental value as £774 per month giving an expected gross yield of 7.6%.
Over the last 12 months the sale value of 40 Spathfield Court Stockport has increased by £3,308 (2.7%) and its rental value has increased by £38 per month (4.9%).
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 40 Spathfield Court, Stockport is in very good condition we estimate a sale value of £128,975 and rental value of £812 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £114,235 and a rental value of £720 per month.
If you were able to purchase this property for the estimated value of £122,833, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £604 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, 40 Spathfield Court, Stockport was last sold on 11 Jul 2024 for £110,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2024, the market for similar properties has dropped 0.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40 Spathfield Court, Stockport within a radius of 480 metres over the last 2 years.
The most recent example is 52 Spathfield Court, Holmfield Close, Stockport, SK4 2RR, a Leasehold flat which sold for £105,000 in May 2024.
Read more about house prices in SK4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Holmfield Close, Stockport, SK4 has a total of 73 addresses. According to our analysis of all the public data, 40 Spathfield Court, Stockport is the 31st largest and the 31st most expensive property on the street.
When compared to the postcode district it is £249k less expensive than the average property in SK4.
40 Spathfield Court, Stockport has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Aug 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using elecric underfloor heating.
The closest station to 40 Spathfield Court, Stockport is Heaton Chapel 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 40 Spathfield Court, Stockport, 39.6% of property is privately rented and 26.0% is privately owned outright.
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 40 Spathfield Court, Stockport, 9.9% of residents are recorded as possessing school level qualifications and 33.1% 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 40 Spathfield Court, Stockport, the average age was 38.8 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 40 Spathfield Court, Stockport, 1.5% 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 40 Spathfield Court, Stockport, there are an average of 0.7 cars per household.
See below for how this compares to North West and the rest of England & Wales.