According to the public record, 55, Mill Lane, Stockport is a period house with 710 ft2 of internal area and sits on a 177 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Mill Lane, Stockport, SK5 is located in the borough of Stockport within the SK5 postal district.
55, Mill Lane, Stockport has no records in the Land Registry database and a single entry in the EPC database dated December 2023.
We combine this information with public data 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 55 Mill Lane Stockport as £178,414 and the rental value as £1,074 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 55 Mill Lane Stockport has increased by £5,930 (3.3%) and its rental value has increased by £85 per month (7.9%).
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 55, Mill Lane, Stockport is in very good condition we estimate a sale value of £187,334 and rental value of £1,127 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £165,925 and a rental value of £998 per month.
If you were able to purchase this property for the estimated value of £178,414, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £877 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, 55, Mill Lane, Stockport sits on a plot of 177m2.
We have plot size data on 39 out of 63 other houses in the postcode and 55, Mill Lane, Stockport sits on the 4th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 55, Mill Lane, Stockport within a radius of 460 metres over the last 2 years.
The most recent example is 21, Welland Street, Stockport, SK5 6XA, a Freehold house which sold for £195,500 in Jun 2024.
Read more about house prices in SK5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Lane, Stockport, SK5 has a total of 101 addresses. According to our analysis of all the public data, 55, Mill Lane, Stockport is the 82nd largest and the 99th most expensive property on the street.
When compared to the postcode district it is £27k less expensive than the average property in SK5.
55, Mill Lane, Stockport has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Dec 2023.
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 55, Mill Lane, Stockport is Reddish North station which is 600 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 55, Mill Lane, Stockport, 50.4% of property is privately owned outright and 36.4% 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 55, Mill Lane, Stockport, 8.9% of residents are recorded as possessing school level qualifications and 25.9% 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 55, Mill Lane, 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 55, Mill Lane, Stockport, 1.8% 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 55, Mill Lane, Stockport, there are an average of 1.3 cars per household.
See below for how this compares to North West and the rest of England & Wales.