According to the public record, Apartment 4, 1A, Oak Road, Altrincham is a modern leasehold apartment with 667 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 1A, Oak Road, Hale, Altrincham, WA15.
Oak Road, Hale, Altrincham, WA15 is located in the borough of Trafford within the WA15 postal district.
Apartment 4, 1A, Oak Road, Altrincham has a single entry in the Land Registry database from August 2019 and a single entry in the EPC database dated September 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 Apartment 4 1A Oak Road Altrincham as £114,973 and the rental value as £629 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of Apartment 4 1A Oak Road Altrincham has increased by £4,975 (4.3%) and its rental value has increased by £13 per month (2.1%).
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 4, 1A, Oak Road, Altrincham is in very good condition we estimate a sale value of £120,722 and rental value of £661 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £106,925 and a rental value of £585 per month.
If you were able to purchase this property for the estimated value of £114,973, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £565 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 4, 1A, Oak Road, Altrincham was last sold on 16 Aug 2019 for £101,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2019, the market for similar properties has risen 22.9%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Apartment 4, 1A, Oak Road, Altrincham within a radius of 490 metres over the last 2 years.
The most recent example is Apartment 7, 1A, Oak Road, Altrincham, WA15 9EX, a Leasehold flat which sold for £103,500 in Jan 2022.
Read more about house prices in WA15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oak Road, Hale, Altrincham, WA15 has a total of 57 addresses. According to our analysis of all the public data, Apartment 4, 1A, Oak Road, Altrincham is the 51st largest and the 51st most expensive property on the street.
When compared to the postcode district it is £494k less expensive than the average property in WA15.
Apartment 4, 1A, Oak Road, Altrincham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Sep 2022.
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 Apartment 4, 1A, Oak Road, Altrincham is Hale (Manchester) station which is 400 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 4, 1A, Oak Road, Altrincham, 31.0% of property is privately owned with a mortgage and 25.5% 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 4, 1A, Oak Road, Altrincham, 22.7% of residents are recorded as possessing school level qualifications and 61.1% 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 4, 1A, Oak Road, Altrincham, the average age was 39.6 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 4, 1A, Oak Road, Altrincham, 0.3% 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 4, 1A, Oak Road, Altrincham, 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.