According to the public record, Apartment 18, 2 Alderbank, Altrincham is a modern leasehold apartment with 957 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Alderbank, St. Johns Road, Altrincham, WA14.
St. Johns Road, Altrincham, WA14 is located in the borough of Trafford within the WA14 postal district.
Apartment 18, 2 Alderbank, Altrincham has a single entry in the Land Registry database from May 2021 and a single entry in the EPC database dated October 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 good condition, we estimate the current sale value for Apartment 18 2 Alderbank Altrincham as £557,286 and the rental value as £1,570 per month giving an expected gross yield of 3.4%.
Over the last 12 months the sale value of Apartment 18 2 Alderbank Altrincham has increased by £23,638 (4.2%) and its rental value has increased by £50 per month (3.2%).
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 18, 2 Alderbank, Altrincham is in very good condition we estimate a sale value of £585,151 and rental value of £1,648 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £518,276 and a rental value of £1,460 per month.
If you were able to purchase this property for the estimated value of £557,286, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,739 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 18, 2 Alderbank, Altrincham was last sold on 14 May 2021 for £500,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2021, the market for similar properties has risen 16.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 18, 2 Alderbank, Altrincham within a radius of 480 metres over the last 2 years.
The most recent example is Apartment 24, 2 Alderbank, St. Johns Road, Altrincham, WA14 2YH, a Leasehold flat which sold for £485,000 in Sep 2023.
Read more about house prices in WA14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
St. Johns Road, Altrincham, WA14 has a total of 57 addresses. According to our analysis of all the public data, Apartment 18, 2 Alderbank, Altrincham is the 38th largest and the 38th most expensive property on the street.
When compared to the postcode district it is £12k less expensive than the average property in WA14.
Apartment 18, 2 Alderbank, Altrincham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Oct 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and underfloor heating.
The closest station to Apartment 18, 2 Alderbank, Altrincham is Hale (Manchester) station which is 500 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 18, 2 Alderbank, Altrincham, 44.4% of property is privately owned outright and 32.8% 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 18, 2 Alderbank, Altrincham, 19.8% of residents are recorded as possessing school level qualifications and 61.3% 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 Apartment 18, 2 Alderbank, Altrincham, the average age was 44.4 and the most common age was 52.
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 18, 2 Alderbank, Altrincham, 2.3% 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 Apartment 18, 2 Alderbank, Altrincham, there are an average of 1.4 cars per household.
See below for how this compares to North West and the rest of England & Wales.