According to the public record, 56, Melrose Crescent, Altrincham is a mid-century freehold house with 1,054 ft2 of internal area and sits on a 535 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.
56, Melrose Crescent, Altrincham has a single entry in the Land Registry database from February 2020 and a single entry in the EPC database dated August 2019.
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 56 Melrose Crescent Altrincham as £644,710 and the rental value as £2,521 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 56 Melrose Crescent Altrincham has increased by £30,493 (4.7%) and its rental value has increased by £45 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 56, Melrose Crescent, Altrincham is in very good condition we estimate a sale value of £676,946 and rental value of £2,647 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £599,581 and a rental value of £2,344 per month.
If you were able to purchase this property for the estimated value of £644,710, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,169 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, 56, Melrose Crescent, Altrincham sits on a plot of 535m2.
We have plot size data on 7 out of 12 other houses in the postcode and 56, Melrose Crescent, Altrincham sits on the 5th largest plot.
According to HM Land Registry, 56, Melrose Crescent, Altrincham was last sold on 28 Feb 2020 for £580,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2020, the market for similar properties has risen 29.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Melrose Crescent, Altrincham within a radius of 920 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, 56, Melrose Crescent, Altrincham is the 58th largest and the 53rd most expensive property on the street.
When compared to the postcode district it is £36k more expensive than the average property in WA15.
56, Melrose Crescent, Altrincham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Aug 2019.
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 56, 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 56, Melrose Crescent, Altrincham, 40.9% of property is privately owned outright and 26.5% 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 56, Melrose Crescent, Altrincham, 23.2% of residents are recorded as possessing school level qualifications and 39.9% 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 56, 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 56, Melrose Crescent, Altrincham, 1.0% 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 56, Melrose Crescent, Altrincham, there are an average of 1.4 cars per household.
See below for how this compares to North West and the rest of England & Wales.