According to the public record, Flat 1, Longford Lodge, Altrincham is a period leasehold apartment with 1,280 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Longford Lodge, Groby Road, Altrincham, WA14.
Groby Road, Altrincham, WA14 is located in the borough of Trafford within the WA14 postal district.
Flat 1, Longford Lodge, Altrincham has a single entry in the Land Registry database from June 2021 and a single entry in the EPC database dated December 2020.
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 Flat 1 Longford Lodge Altrincham as £490,756 and the rental value as £1,662 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of Flat 1 Longford Lodge Altrincham has increased by £40,523 (8.3%) and its rental value has increased by £132 per month (7.9%).
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 Flat 1, Longford Lodge, Altrincham is in very good condition we estimate a sale value of £515,294 and rental value of £1,745 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £456,403 and a rental value of £1,546 per month.
If you were able to purchase this property for the estimated value of £490,756, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,412 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, Flat 1, Longford Lodge, Altrincham was last sold on 21 Jun 2021 for £510,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2021, the market for similar properties has risen 18.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Longford Lodge, Altrincham within a radius of 670 metres over the last 2 years.
The most recent example is Flat 4, Wilton House, Groby Road, Altrincham, WA14 2BJ, 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.
Groby Road, Altrincham, WA14 has a total of 170 addresses. According to our analysis of all the public data, Flat 1, Longford Lodge, Altrincham is the 50th largest and the 57th most expensive property on the street.
When compared to the postcode district it is £79k less expensive than the average property in WA14.
Flat 1, Longford Lodge, Altrincham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Dec 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 1, Longford Lodge, Altrincham is Altrincham station which is 700 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 Flat 1, Longford Lodge, Altrincham, 43.9% of property is privately owned outright and 30.7% 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 Flat 1, Longford Lodge, Altrincham, 21.7% of residents are recorded as possessing school level qualifications and 62.6% 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 Flat 1, Longford Lodge, 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 Flat 1, Longford Lodge, Altrincham, 1.5% 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 Flat 1, Longford Lodge, Altrincham, there are an average of 1.5 cars per household.
See below for how this compares to North West and the rest of England & Wales.