According to the public record, 6, Melrose Avenue, Sale is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,787 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Melrose Avenue, Sale, M33 is located in the borough of Trafford within the M33 postal district.
6, Melrose Avenue, Sale has a single entry in the Land Registry database from August 2022 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 6 Melrose Avenue Sale as £928,361 and the rental value as £2,210 per month giving an expected gross yield of 2.9%.
Over the last 12 months the sale value of 6 Melrose Avenue Sale has increased by £33,218 (3.6%) and its rental value has increased by £41 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 6, Melrose Avenue, Sale is in very good condition we estimate a sale value of £974,779 and rental value of £2,320 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £863,375 and a rental value of £2,055 per month.
If you were able to purchase this property for the estimated value of £928,361, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,563 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, 6, Melrose Avenue, Sale was last sold on 24 Aug 2022 for £820,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2022, the market for similar properties has dropped 1.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Melrose Avenue, Sale within a radius of 470 metres over the last 2 years.
The most recent example is 22, Wardle Road, Sale, M33 3DB, a Freehold house which sold for £745,000 in Sep 2021.
Read more about house prices in M33.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melrose Avenue, Sale, M33 has a total of 28 addresses. According to our analysis of all the public data, 6, Melrose Avenue, Sale is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £524k more expensive than the average property in M33.
The closest station to 6, Melrose Avenue, Sale is Navigation Road station which is 3.1 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 6, Melrose Avenue, Sale, 41.6% of property is privately owned outright and 39.2% 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 6, Melrose Avenue, Sale, 25.4% of residents are recorded as possessing school level qualifications and 55.9% 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 6, Melrose Avenue, Sale, the average age was 40.2 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 6, Melrose Avenue, Sale, 0.9% 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 6, Melrose Avenue, Sale, 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.