According to the public record, Flat 1, Merlewood 17, Altrincham is a modern leasehold apartment with 2,386 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Merlewood, Langham Road, Bowdon, Altrincham, WA14.
Langham Road, Bowdon, Altrincham, WA14 is located in the borough of Trafford within the WA14 postal district.
Flat 1, Merlewood 17, Altrincham has 21 entries in the Land Registry database, most recently in July 2016 and a single entry in the EPC database dated June 2010.
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 Merlewood 17 Altrincham as £1,064,312 and the rental value as £2,851 per month giving an expected gross yield of 3.2%.
Over the last 12 months the sale value of Flat 1 Merlewood 17 Altrincham has increased by £88,646 (8.3%) and its rental value has increased by £208 per month (7.3%).
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, Merlewood 17, Altrincham is in very good condition we estimate a sale value of £1,117,527 and rental value of £2,994 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £989,810 and a rental value of £2,651 per month.
If you were able to purchase this property for the estimated value of £1,064,312, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,231 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, Merlewood 17, Altrincham was last sold on 08 Jul 2016 for £825,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2016, the market for similar properties has risen 36.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Merlewood 17, Altrincham within a radius of 680 metres over the last 2 years.
The most recent example is Apartment 5, Beechmount 10, Langham Road, Altrincham, WA14 2HP, a Leasehold flat which sold for £850,000 in Mar 2021.
Read more about house prices in WA14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Langham Road, Bowdon, Altrincham, WA14 has a total of 76 addresses. According to our analysis of all the public data, Flat 1, Merlewood 17, Altrincham is the 35th largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £495k more expensive than the average property in WA14.
Flat 1, Merlewood 17, Altrincham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Jun 2010.
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, Merlewood 17, Altrincham is Hale (Manchester) 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 Flat 1, Merlewood 17, Altrincham, 52.1% of property is privately owned outright and 34.0% 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, Merlewood 17, Altrincham, 19.9% of residents are recorded as possessing school level qualifications and 64.1% 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 Flat 1, Merlewood 17, 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 Flat 1, Merlewood 17, Altrincham, 7.9% 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, Merlewood 17, 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.