According to the public record, 7, Melbourne Street, Stockport is a period freehold house with 753 ft2 of internal area and sits on a 111 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Melbourne Street, Stockport, SK5 is located in the borough of Stockport within the SK5 postal district.
7, Melbourne Street, Stockport has a single entry in the Land Registry database from November 2021 and a single entry in the EPC database dated July 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 7 Melbourne Street Stockport as £190,145 and the rental value as £1,086 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 7 Melbourne Street Stockport has increased by £6,335 (3.3%) and its rental value has increased by £86 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 7, Melbourne Street, Stockport is in very good condition we estimate a sale value of £199,652 and rental value of £1,140 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £176,834 and a rental value of £1,010 per month.
If you were able to purchase this property for the estimated value of £190,145, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £935 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, 7, Melbourne Street, Stockport sits on a plot of 111m2.
We have plot size data on 21 out of 33 other houses in the postcode and 7, Melbourne Street, Stockport sits on the 4th largest plot.
According to HM Land Registry, 7, Melbourne Street, Stockport was last sold on 04 Nov 2021 for £100,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2021, the market for similar properties has risen 8.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Melbourne Street, Stockport within a radius of 430 metres over the last 2 years.
The most recent example is 14, Spencer Street, Stockport, SK5 6UH, a Freehold house which sold for £197,500 in Nov 2023.
Read more about house prices in SK5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melbourne Street, Stockport, SK5 has a total of 33 addresses. According to our analysis of all the public data, 7, Melbourne Street, Stockport is the 19th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £15k less expensive than the average property in SK5.
7, Melbourne Street, Stockport has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Jul 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 7, Melbourne Street, Stockport is Reddish South station which is 500 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 7, Melbourne Street, Stockport, 37.4% of property is privately owned with a mortgage and 34.4% is privately owned outright.
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 7, Melbourne Street, Stockport, 15.3% of residents are recorded as possessing school level qualifications and 24.7% 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 7, Melbourne Street, 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 7, Melbourne Street, Stockport, 1.3% 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 7, Melbourne Street, Stockport, there are an average of 1.1 cars per household.
See below for how this compares to North West and the rest of England & Wales.