According to the public record, 412, Gorton Road, Stockport is a period leasehold apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 412, Gorton Road, Stockport, SK5.
Gorton Road, Stockport, SK5 is located in the borough of Stockport within the SK5 postal district.
412, Gorton Road, Stockport has a single entry in the Land Registry database from October 2014 and a single entry in the EPC database dated October 2014.
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 412 Gorton Road Stockport as £115,412 and the rental value as £690 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 412 Gorton Road Stockport has increased by £3,370 (2.9%) and its rental value has increased by £51 per month (7.4%).
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 412, Gorton Road, Stockport is in very good condition we estimate a sale value of £121,183 and rental value of £725 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £107,333 and a rental value of £642 per month.
If you were able to purchase this property for the estimated value of £115,412, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £567 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, 412, Gorton Road, Stockport was last sold on 15 Oct 2014 for £63,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2014, the market for similar properties has risen 74.6%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 412, Gorton Road, Stockport within a radius of 440 metres over the last 2 years.
The most recent example is 26, Wilton Street, Stockport, SK5 6QP, a Leasehold flat which sold for £72,500 in Dec 2017.
Read more about house prices in SK5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gorton Road, Stockport, SK5 has a total of 379 addresses. According to our analysis of all the public data, 412, Gorton Road, Stockport is the 270th largest and the 339th most expensive property on the street.
When compared to the postcode district it is £90k less expensive than the average property in SK5.
412, Gorton Road, Stockport has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Oct 2014.
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 412, Gorton Road, Stockport is Reddish North station which is 100 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 412, Gorton Road, Stockport, 33.3% of property is socially rented and 25.6% 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 412, Gorton Road, Stockport, 15.4% of residents are recorded as possessing school level qualifications and 27.3% 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 412, Gorton Road, 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 412, Gorton Road, 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 412, Gorton Road, Stockport, there are an average of 0.8 cars per household.
See below for how this compares to North West and the rest of England & Wales.