According to the public record, Apartment 515, Elisabeth Mill, Stockport is a modern leasehold apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Elisabeth Mill, Elisabeth Gardens, Stockport, SK5.
Elisabeth Gardens, Stockport, SK5 is located in the borough of Stockport within the SK5 postal district.
Apartment 515, Elisabeth Mill, Stockport has a single entry in the Land Registry database from March 2021 and a single entry in the EPC database dated July 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 515 Elisabeth Mill Stockport as £165,158 and the rental value as £804 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Apartment 515 Elisabeth Mill Stockport has increased by £6,831 (4.1%) and its rental value has increased by £70 per month (8.8%).
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 515, Elisabeth Mill, Stockport is in very good condition we estimate a sale value of £173,416 and rental value of £844 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £153,597 and a rental value of £747 per month.
If you were able to purchase this property for the estimated value of £165,158, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £812 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 515, Elisabeth Mill, Stockport was last sold on 31 Mar 2021 for £160,000 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 17.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 515, Elisabeth Mill, Stockport within a radius of 460 metres over the last 2 years.
The most recent example is Apartment 412, Elisabeth Mill, Elisabeth Gardens, Stockport, SK5 6FX, a Leasehold flat which sold for £145,000 in Jun 2023.
Read more about house prices in SK5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elisabeth Gardens, Stockport, SK5 has a total of 181 addresses. According to our analysis of all the public data, Apartment 515, Elisabeth Mill, Stockport is the 111th largest and the 109th most expensive property on the street.
When compared to the postcode district it is £40k less expensive than the average property in SK5.
Apartment 515, Elisabeth Mill, Stockport has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Jul 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 515, Elisabeth Mill, Stockport is Reddish South 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 515, Elisabeth Mill, Stockport, 36.6% of property is socially rented and 28.2% 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 515, Elisabeth Mill, Stockport, 14.7% of residents are recorded as possessing school level qualifications and 22.1% 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 515, Elisabeth Mill, Stockport, the average age was 35.8 and the most common age was 27.
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 515, Elisabeth Mill, Stockport, 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 515, Elisabeth Mill, Stockport, there are an average of 0.8 cars per household.
See below for how this compares to North West and the rest of England & Wales.