According to the public record, Apartment 1, 7, Welman Way, Altrincham is a modern leasehold apartment with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 7, Welman Way, Altrincham, WA15.
Welman Way, Altrincham, WA15 is located in the borough of Trafford within the WA15 postal district.
Apartment 1, 7, Welman Way, Altrincham has 31 entries in the Land Registry database, most recently in April 2010 and a single entry in the EPC database dated June 2020.
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 Apartment 1 7 Welman Way Altrincham as £222,639 and the rental value as £1,111 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Apartment 1 7 Welman Way Altrincham has increased by £12,086 (5.4%) and its rental value has increased by £25 per month (2.3%).
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 Apartment 1, 7, Welman Way, Altrincham is in very good condition we estimate a sale value of £233,771 and rental value of £1,166 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £207,054 and a rental value of £1,033 per month.
If you were able to purchase this property for the estimated value of £222,639, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,094 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, Apartment 1, 7, Welman Way, Altrincham was last sold on 09 Apr 2010 for £132,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Apr 2010, the market for similar properties has risen 72.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 1, 7, Welman Way, Altrincham within a radius of 690 metres over the last 2 years.
The most recent example is 3, St. James Court, Altrincham, WA15 8FG, a Leasehold flat which sold for £190,000 in Jan 2024.
Read more about house prices in WA15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Welman Way, Altrincham, WA15 has a total of 91 addresses. According to our analysis of all the public data, Apartment 1, 7, Welman Way, Altrincham is the 90th largest and the 90th most expensive property on the street.
When compared to the postcode district it is £386k less expensive than the average property in WA15.
Apartment 1, 7, Welman Way, Altrincham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Jun 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Apartment 1, 7, Welman Way, Altrincham is Altrincham 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 Apartment 1, 7, Welman Way, Altrincham, 50.0% of property is privately owned with a mortgage and 26.2% 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 Apartment 1, 7, Welman Way, Altrincham, 36.4% of residents are recorded as possessing school level qualifications and 63.4% 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 Apartment 1, 7, Welman Way, Altrincham, the average age was 37.4 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 Apartment 1, 7, Welman Way, Altrincham, 0.7% 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 Apartment 1, 7, Welman Way, Altrincham, there are an average of 1.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.