According to the public record, 51, Melrose Crescent, Altrincham is a mid-century freehold house with 1,054 ft2 of internal area and sits on a 475 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Melrose Crescent, Hale, Altrincham, WA15 is located in the borough of Trafford within the WA15 postal district.
51, Melrose Crescent, Altrincham has 2 entries in the Land Registry database, most recently in June 2021 and a single entry in the EPC database dated March 2021.
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 51 Melrose Crescent Altrincham as £613,165 and the rental value as £2,505 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 51 Melrose Crescent Altrincham has increased by £29,001 (4.7%) and its rental value has increased by £44 per month (1.8%).
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 51, Melrose Crescent, Altrincham is in very good condition we estimate a sale value of £643,823 and rental value of £2,630 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £570,243 and a rental value of £2,329 per month.
If you were able to purchase this property for the estimated value of £613,165, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,014 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 data from HM Land Registry, 51, Melrose Crescent, Altrincham sits on a plot of 475m2.
We have plot size data on 9 out of 15 other houses in the postcode and 51, Melrose Crescent, Altrincham sits on the 5th largest plot.
According to HM Land Registry, 51, Melrose Crescent, Altrincham was last sold on 04 Jun 2021 for £525,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2021, the market for similar properties has risen 17.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 51, Melrose Crescent, Altrincham within a radius of 900 metres over the last 2 years.
The most recent example is 9, Melrose Crescent, Altrincham, WA15 8NN, a Freehold house which sold for £625,000 in Jun 2023.
Read more about house prices in WA15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melrose Crescent, Hale, Altrincham, WA15 has a total of 74 addresses. According to our analysis of all the public data, 51, Melrose Crescent, Altrincham is the 57th largest and the 59th most expensive property on the street.
When compared to the postcode district it is £4k more expensive than the average property in WA15.
51, Melrose Crescent, Altrincham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Mar 2021.
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 51, Melrose Crescent, Altrincham is Hale (Manchester) station which is 2.1 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 51, Melrose Crescent, Altrincham, 66.2% of property is privately owned outright 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 51, Melrose Crescent, Altrincham, 19.3% of residents are recorded as possessing school level qualifications and 60.6% 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 51, Melrose Crescent, Altrincham, the average age was 43 and the most common age was 12.
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 51, Melrose Crescent, Altrincham, 1.6% 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 51, Melrose Crescent, Altrincham, there are an average of 1.5 cars per household.
See below for how this compares to North West and the rest of England & Wales.