According to the public record, Flat 2, 1, Draybank Road, Altrincham is a modern leasehold apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 1, Draybank Road, Broadheath, Altrincham, WA14.
Draybank Road, Broadheath, Altrincham, WA14 is located in the borough of Trafford within the WA14 postal district.
Flat 2, 1, Draybank Road, Altrincham has 2 entries in the Land Registry database, most recently in December 2021 and a single entry in the EPC database dated December 2017.
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 2 1 Draybank Road Altrincham as £212,678 and the rental value as £1,169 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of Flat 2 1 Draybank Road Altrincham has increased by £8,845 (4.2%) and its rental value has increased by £40 per month (3.4%).
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 2, 1, Draybank Road, Altrincham is in very good condition we estimate a sale value of £223,312 and rental value of £1,227 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £197,790 and a rental value of £1,087 per month.
If you were able to purchase this property for the estimated value of £212,678, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,045 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 2, 1, Draybank Road, Altrincham was last sold on 06 Dec 2021 for £190,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2021, the market for similar properties has risen 7.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 1, Draybank Road, Altrincham within a radius of 650 metres over the last 2 years.
The most recent example is Flat 3, 1, Draybank Road, Altrincham, WA14 5EG, a Leasehold flat which sold for £208,000 in Mar 2023.
Read more about house prices in WA14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Draybank Road, Broadheath, Altrincham, WA14 has a total of 29 addresses. According to our analysis of all the public data, Flat 2, 1, Draybank Road, Altrincham is the 16th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £357k less expensive than the average property in WA14.
Flat 2, 1, Draybank Road, Altrincham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Dec 2017.
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 2, 1, Draybank Road, Altrincham is Navigation Road station which is 1.8 kilometres 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 2, 1, Draybank Road, Altrincham, 36.4% of property is privately owned with a mortgage and 29.1% 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 Flat 2, 1, Draybank Road, Altrincham, 24.5% of residents are recorded as possessing school level qualifications and 52.8% 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 2, 1, Draybank Road, Altrincham, the average age was 36.4 and the most common age was 12.
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 2, 1, Draybank Road, Altrincham, 0.0% 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 2, 1, Draybank Road, Altrincham, there are an average of 1.4 cars per household.
See below for how this compares to North West and the rest of England & Wales.