According to the public record, 5, Welman Way, Altrincham is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,576 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Welman Way, Altrincham, WA15 is located in the borough of Trafford within the WA15 postal district.
5, Welman Way, Altrincham has 21 entries in the Land Registry database, most recently in June 2007 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 5 Welman Way Altrincham as £608,534 and the rental value as £2,529 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 5 Welman Way Altrincham has increased by £24,888 (4.1%) and its rental value has increased by £24 per month (1.0%).
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 5, Welman Way, Altrincham is in very good condition we estimate a sale value of £638,961 and rental value of £2,655 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £565,937 and a rental value of £2,352 per month.
If you were able to purchase this property for the estimated value of £608,534, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,991 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, 5, Welman Way, Altrincham was last sold on 20 Jun 2007 for £352,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2007, the market for similar properties has risen 92.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Welman Way, Altrincham within a radius of 680 metres over the last 2 years.
The most recent example is 33, Welman Way, Altrincham, WA15 8WE, a Freehold house which sold for £600,000 in Mar 2022.
Read more about house prices in WA15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Welman Way, Altrincham, WA15 has a total of 91 addresses. According to our analysis of all the public data, 5, Welman Way, Altrincham is the 8th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £396 less expensive than the average property in WA15.
The closest station to 5, Welman Way, Altrincham is Altrincham station which is 700 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 5, Welman Way, Altrincham, 50.0% of property is privately owned with a mortgage and 26.2% 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 5, Welman Way, Altrincham, 36.4% of residents are recorded as possessing school level qualifications and 63.4% 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 5, Welman Way, Altrincham, the average age was 37.4 and the most common age was 42.
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 5, Welman Way, Altrincham, 0.7% 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 5, Welman Way, Altrincham, there are an average of 1.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.