According to the public record, Apartment 4, 1B, Groby Road, Altrincham is a modern leasehold apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in 1B, Groby Road, Altrincham, WA14.
Groby Road, Altrincham, WA14 is located in the borough of Trafford within the WA14 postal district.
Apartment 4, 1B, Groby Road, Altrincham has a single entry in the Land Registry database from January 2008 and a single entry in the EPC database dated January 2023.
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 1B Groby Road Altrincham as £262,604 and the rental value as £1,243 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of Apartment 4 1B Groby Road Altrincham has increased by £9,758 (3.7%) and its rental value has increased by £44 per month (3.6%).
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, 1B, Groby Road, Altrincham is in very good condition we estimate a sale value of £275,735 and rental value of £1,305 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £244,222 and a rental value of £1,156 per month.
If you were able to purchase this property for the estimated value of £262,604, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,291 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, 1B, Groby Road, Altrincham was last sold on 28 Jan 2008 for £185,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2008, the market for similar properties has risen 47.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 4, 1B, Groby Road, Altrincham within a radius of 590 metres over the last 2 years.
The most recent example is Apartment 35, 1A, Groby Road, Altrincham, WA14 1RS, a Leasehold flat which sold for £259,500 in Apr 2024.
Read more about house prices in WA14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Groby Road, Altrincham, WA14 has a total of 170 addresses. According to our analysis of all the public data, Apartment 4, 1B, Groby Road, Altrincham is the 116th largest and the 112th most expensive property on the street.
When compared to the postcode district it is £307k less expensive than the average property in WA14.
Apartment 4, 1B, Groby Road, Altrincham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Jan 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Apartment 4, 1B, Groby Road, Altrincham is Altrincham 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, 1B, Groby Road, Altrincham, 58.1% of property is privately owned outright and 21.0% 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, 1B, Groby Road, Altrincham, 11.0% of residents are recorded as possessing school level qualifications and 40.5% 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, 1B, Groby Road, Altrincham, the average age was 42 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 4, 1B, Groby Road, Altrincham, 0.9% 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, 1B, Groby Road, Altrincham, there are an average of 0.7 cars per household.
See below for how this compares to North West and the rest of England & Wales.