According to the public record, 4A, Malton Drive, Altrincham is a mid-century leasehold apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 4, Malton Drive, Altrincham, WA14.
Malton Drive, Altrincham, WA14 is located in the borough of Trafford within the WA14 postal district.
4A, Malton Drive, Altrincham has a single entry in the Land Registry database from March 2017 and a single entry in the EPC database dated March 2017.
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 4A Malton Drive Altrincham as £183,551 and the rental value as £1,024 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 4A Malton Drive Altrincham has increased by £7,632 (4.2%) and its rental value has increased by £40 per month (3.9%).
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 4A, Malton Drive, Altrincham is in very good condition we estimate a sale value of £192,728 and rental value of £1,075 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £170,702 and a rental value of £952 per month.
If you were able to purchase this property for the estimated value of £183,551, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £902 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, 4A, Malton Drive, Altrincham was last sold on 24 Mar 2017 for £140,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2017, the market for similar properties has risen 33.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4A, Malton Drive, Altrincham within a radius of 960 metres over the last 2 years.
The most recent example is 34, Stokoe Avenue, Altrincham, WA14 4LF, a Leasehold flat which sold for £185,000 in Feb 2022.
Read more about house prices in WA14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Malton Drive, Altrincham, WA14 has a total of 42 addresses. According to our analysis of all the public data, 4A, Malton Drive, Altrincham is the 11th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £386k less expensive than the average property in WA14.
4A, Malton Drive, Altrincham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 Mar 2017.
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 4A, Malton Drive, Altrincham is Altrincham station which is 1.7 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 4A, Malton Drive, Altrincham, 66.1% of property is socially rented and 12.8% 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 4A, Malton Drive, Altrincham, 11.3% of residents are recorded as possessing school level qualifications and 29.8% 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 4A, Malton Drive, Altrincham, the average age was 42 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 4A, Malton Drive, Altrincham, 0.0% 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 4A, Malton Drive, Altrincham, there are an average of 0.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.