According to the public record, 224A, Reddish Road, Stockport is a early-century apartment with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Reddish Road, Stockport, SK5 is located in the borough of Stockport within the SK5 postal district.
224A, Reddish Road, Stockport has no records in the Land Registry database and a single entry in the EPC database dated December 2019.
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 224A Reddish Road Stockport as £115,493 and the rental value as £718 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of 224A Reddish Road Stockport has increased by £4,269 (3.7%) and its rental value has increased by £57 per month (8.0%).
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 224A, Reddish Road, Stockport is in very good condition we estimate a sale value of £121,267 and rental value of £754 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £107,408 and a rental value of £668 per month.
If you were able to purchase this property for the estimated value of £115,493, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £568 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 224A, Reddish Road, Stockport within a radius of 600 metres over the last 2 years.
The most recent example is 9, Dumbarton Close, Stockport, SK5 7EG, a Leasehold flat which sold for £80,000 in Jul 2018.
Read more about house prices in SK5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Reddish Road, Stockport, SK5 has a total of 310 addresses. According to our analysis of all the public data, 224A, Reddish Road, Stockport is the 298th largest and the 297th most expensive property on the street.
When compared to the postcode district it is £90k less expensive than the average property in SK5.
224A, Reddish Road, Stockport has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Dec 2019.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 224A, Reddish Road, Stockport is Reddish South station which is 700 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 224A, Reddish Road, Stockport, 40.7% of property is privately owned with a mortgage and 22.8% is privately rented.
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 224A, Reddish Road, Stockport, 19.9% of residents are recorded as possessing school level qualifications and 30.0% 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 224A, Reddish Road, Stockport, the average age was 41.1 and the most common age was 32.
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 224A, Reddish Road, Stockport, 0.3% 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 224A, Reddish Road, Stockport, there are an average of 1.2 cars per household.
See below for how this compares to North West and the rest of England & Wales.