According to the public record, Flat 15, Silverdale, Altrincham is a modern leasehold apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Silverdale, Racefield Road, Altrincham, WA14.
Racefield Road, Altrincham, WA14 is located in the borough of Trafford within the WA14 postal district.
Flat 15, Silverdale, Altrincham has 2 entries in the Land Registry database, most recently in July 2022 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 15 Silverdale Altrincham as £271,450 and the rental value as £1,263 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of Flat 15 Silverdale Altrincham has increased by £14,913 (5.5%) and its rental value has increased by £65 per month (5.2%).
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 15, Silverdale, Altrincham is in very good condition we estimate a sale value of £285,023 and rental value of £1,326 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £252,449 and a rental value of £1,174 per month.
If you were able to purchase this property for the estimated value of £271,450, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,334 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 15, Silverdale, Altrincham was last sold on 18 Jul 2022 for £250,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2022, the market for similar properties has risen 3.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 15, Silverdale, Altrincham within a radius of 630 metres over the last 2 years.
The most recent example is Apartment 8, 1B, Groby Road, Altrincham, WA14 1RS, a Leasehold flat which sold for £250,000 in Aug 2023.
Read more about house prices in WA14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Racefield Road, Altrincham, WA14 has a total of 24 addresses. According to our analysis of all the public data, Flat 15, Silverdale, Altrincham is the 22nd largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £298k less expensive than the average property in WA14.
Flat 15, Silverdale, Altrincham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Dec 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 15, Silverdale, Altrincham is Altrincham station which is 800 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 15, Silverdale, 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 15, Silverdale, 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 15, Silverdale, 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 15, Silverdale, 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 15, Silverdale, 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.