According to the public record, Apartment 5, 60, Stamford New Road, Altrincham is a modern leasehold apartment with 344 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 60, Stamford New Road, Altrincham, WA14.
Stamford New Road, Altrincham, WA14 is located in the borough of Trafford within the WA14 postal district.
Apartment 5, 60, Stamford New Road, Altrincham has a single entry in the Land Registry database from October 2019 and a single entry in the EPC database dated September 2019.
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 60 Stamford New Road Altrincham as £168,137 and the rental value as £951 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of Apartment 5 60 Stamford New Road Altrincham has increased by £6,963 (4.1%) and its rental value has increased by £38 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, 60, Stamford New Road, Altrincham is in very good condition we estimate a sale value of £176,544 and rental value of £999 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £156,368 and a rental value of £885 per month.
If you were able to purchase this property for the estimated value of £168,137, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £826 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, 60, Stamford New Road, Altrincham was last sold on 21 Oct 2019 for £113,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2019, the market for similar properties has risen 20.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 5, 60, Stamford New Road, Altrincham within a radius of 510 metres over the last 2 years.
The most recent example is Apartment 1, 60, Stamford New Road, Altrincham, WA14 1EE, a Leasehold flat which sold for £107,950 in Dec 2019.
Read more about house prices in WA14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stamford New Road, Altrincham, WA14 has a total of 74 addresses. According to our analysis of all the public data, Apartment 5, 60, Stamford New Road, Altrincham is the 72nd largest and the 72nd most expensive property on the street.
When compared to the postcode district it is £401k less expensive than the average property in WA14.
Apartment 5, 60, Stamford New Road, Altrincham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Sep 2019.
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 5, 60, Stamford New Road, Altrincham is Altrincham station which is 200 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 5, 60, Stamford New Road, Altrincham, 48.1% of property is privately owned with a mortgage and 36.1% is privately owned outright.
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, 60, Stamford New Road, Altrincham, 23.4% of residents are recorded as possessing school level qualifications and 54.7% 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, 60, Stamford New 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, 60, Stamford New Road, Altrincham, 1.0% 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 5, 60, Stamford New Road, Altrincham, there are an average of 1.7 cars per household.
See below for how this compares to North West and the rest of England & Wales.