According to the public record, Apartment 5, 2, Lawrence Road, Altrincham is a modern leasehold apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 2, Lawrence Road, Altrincham, WA14.
Lawrence Road, Altrincham, WA14 is located in the borough of Trafford within the WA14 postal district.
Apartment 5, 2, Lawrence Road, Altrincham has a single entry in the Land Registry database from March 2021 and a single entry in the EPC database dated March 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 5 2 Lawrence Road Altrincham as £317,737 and the rental value as £1,271 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of Apartment 5 2 Lawrence Road Altrincham has increased by £13,179 (4.1%) and its rental value has increased by £51 per month (4.0%).
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 5, 2, Lawrence Road, Altrincham is in very good condition we estimate a sale value of £333,623 and rental value of £1,335 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £295,495 and a rental value of £1,182 per month.
If you were able to purchase this property for the estimated value of £317,737, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,562 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 5, 2, Lawrence Road, Altrincham was last sold on 26 Mar 2021 for £274,750 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2021, the market for similar properties has risen 15.2%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 590 metres radius of Apartment 5, 2, Lawrence Road, Altrincham over the last 2 years.
The most recent example is 11, Baskerville Road, Altrincham, WA14 4YF, a Leasehold house which sold for £344,750 in Mar 2018.
Read more about house prices in WA14.
Lawrence Road, Altrincham, WA14 has a total of 56 addresses. According to our analysis of all the public data, Apartment 5, 2, Lawrence Road, Altrincham is the 56th largest and the 56th most expensive property on the street.
When compared to the postcode district it is £252k less expensive than the average property in WA14.
Apartment 5, 2, Lawrence Road, Altrincham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Mar 2021.
The property is not connected to mains gas and has partial double glazing. It is heated using an electric boiler and radiators.
The closest station to Apartment 5, 2, Lawrence Road, Altrincham is Navigation Road station which is 1.0 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 5, 2, Lawrence Road, Altrincham, 63.6% of property is privately rented and 18.6% 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 5, 2, Lawrence Road, Altrincham, 9.9% of residents are recorded as possessing school level qualifications and 67.7% 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 5, 2, Lawrence 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 5, 2, Lawrence Road, Altrincham, 0.4% 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 5, 2, Lawrence Road, Altrincham, 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.