According to the public record, Apartment 8, Farley Lodge 23, Altrincham is a modern leasehold apartment with 850 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Farley Lodge, Cavendish Road, Bowdon, Altrincham, WA14.
Cavendish Road, Bowdon, Altrincham, WA14 is located in the borough of Trafford within the WA14 postal district.
Apartment 8, Farley Lodge 23, Altrincham has 41 entries in the Land Registry database, most recently in September 2021 and a single entry in the EPC database dated April 2012.
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 8 Farley Lodge 23 Altrincham as £391,659 and the rental value as £1,409 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of Apartment 8 Farley Lodge 23 Altrincham has increased by £27,144 (6.9%) and its rental value has increased by £83 per month (5.9%).
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 8, Farley Lodge 23, Altrincham is in very good condition we estimate a sale value of £411,242 and rental value of £1,480 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £364,243 and a rental value of £1,311 per month.
If you were able to purchase this property for the estimated value of £391,659, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,925 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 8, Farley Lodge 23, Altrincham was last sold on 20 Sep 2021 for £275,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Sep 2021, the market for similar properties has risen 16.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 8, Farley Lodge 23, Altrincham within a radius of 540 metres over the last 2 years.
The most recent example is Flat 8, Haigh Lawn, St. Margarets Road, Altrincham, WA14 2AP, a Leasehold flat which sold for £390,000 in Feb 2024.
Read more about house prices in WA14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cavendish Road, Bowdon, Altrincham, WA14 has a total of 64 addresses. According to our analysis of all the public data, Apartment 8, Farley Lodge 23, Altrincham is the 56th largest and the 51st most expensive property on the street.
When compared to the postcode district it is £178k less expensive than the average property in WA14.
Apartment 8, Farley Lodge 23, Altrincham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Apr 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an electric boiler and radiators.
The closest station to Apartment 8, Farley Lodge 23, Altrincham is Hale (Manchester) station which is 600 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 8, Farley Lodge 23, Altrincham, 53.7% of property is privately owned outright and 29.9% 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 8, Farley Lodge 23, Altrincham, 19.8% of residents are recorded as possessing school level qualifications and 58.5% 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 8, Farley Lodge 23, Altrincham, the average age was 44.4 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 8, Farley Lodge 23, Altrincham, 6.2% 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 8, Farley Lodge 23, 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.