According to the public record, Apartment 14, 1, Park Avenue, Sale is a modern leasehold apartment with 1,011 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 1, Park Avenue, Sale, M33.
Park Avenue, Sale, M33 is located in the borough of Trafford within the M33 postal district.
Apartment 14, 1, Park Avenue, Sale has a single entry in the Land Registry database from January 2022 and a single entry in the EPC database dated November 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 good condition, we estimate the current sale value for Apartment 14 1 Park Avenue Sale as £279,564 and the rental value as £1,273 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of Apartment 14 1 Park Avenue Sale has increased by £22,497 (8.0%) and its rental value has increased by £80 per month (6.2%).
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 14, 1, Park Avenue, Sale is in very good condition we estimate a sale value of £293,542 and rental value of £1,337 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £259,995 and a rental value of £1,184 per month.
If you were able to purchase this property for the estimated value of £279,564, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,374 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 14, 1, Park Avenue, Sale was last sold on 31 Jan 2022 for £298,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2022, the market for similar properties has risen 9.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 14, 1, Park Avenue, Sale within a radius of 430 metres over the last 2 years.
The most recent example is 18, Russell Place, Sale, M33 7LD, a Leasehold flat which sold for £216,500 in Mar 2022.
Read more about house prices in M33.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Avenue, Sale, M33 has a total of 104 addresses. According to our analysis of all the public data, Apartment 14, 1, Park Avenue, Sale is the 62nd largest and the 67th most expensive property on the street.
When compared to the postcode district it is £125k less expensive than the average property in M33.
Apartment 14, 1, Park Avenue, Sale has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Nov 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
The closest station to Apartment 14, 1, Park Avenue, Sale is Humphrey Park station which is 2.7 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 Apartment 14, 1, Park Avenue, Sale, 40.4% of property is privately rented and 28.7% is privately owned with a mortgage.
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 14, 1, Park Avenue, Sale, 19.0% of residents are recorded as possessing school level qualifications and 43.6% 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 14, 1, Park Avenue, Sale, the average age was 39.2 and the most common age was 37.
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 14, 1, Park Avenue, Sale, 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 Apartment 14, 1, Park Avenue, Sale, there are an average of 0.9 cars per household.
See below for how this compares to North West and the rest of England & Wales.