According to the public record, 72A, Reddish Road, Stockport is a early-century leasehold apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 72, Reddish Road, Stockport, SK5.
Reddish Road, Stockport, SK5 is located in the borough of Stockport within the SK5 postal district.
72A, Reddish Road, Stockport has 31 entries in the Land Registry database, most recently in May 2024 and a single entry in the EPC database dated January 2022.
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 72A Reddish Road Stockport as £123,131 and the rental value as £735 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 72A Reddish Road Stockport has increased by £2,276 (1.8%) and its rental value has increased by £37 per month (5.0%).
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 72A, Reddish Road, Stockport is in very good condition we estimate a sale value of £129,288 and rental value of £772 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £114,512 and a rental value of £684 per month.
If you were able to purchase this property for the estimated value of £123,131, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £605 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, 72A, Reddish Road, Stockport was last sold on 10 May 2024 for £135,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since May 2024, the market for similar properties has risen 1.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 72A, Reddish Road, Stockport within a radius of 580 metres over the last 2 years.
The most recent example is 11, Haston Close, Stockport, SK5 7PR, a Leasehold flat which sold for £114,000 in Sep 2023.
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, 72A, Reddish Road, Stockport is the 284th largest and the 292nd most expensive property on the street.
When compared to the postcode district it is £83k less expensive than the average property in SK5.
72A, Reddish Road, Stockport has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Jan 2022.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to 72A, Reddish Road, Stockport is Heaton Chapel station which is 1.5 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 72A, Reddish Road, Stockport, 40.2% of property is privately owned with a mortgage and 32.0% 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 72A, Reddish Road, Stockport, 15.3% of residents are recorded as possessing school level qualifications and 30.3% 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 72A, Reddish Road, Stockport, the average age was 38.8 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 72A, Reddish Road, Stockport, 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 72A, Reddish Road, 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.