According to the public record, Flat 2, 18, Elms Road, Stockport is a period leasehold apartment with 550 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 18, Elms Road, Stockport, SK4.
Elms Road, Stockport, SK4 is located in the borough of Stockport within the SK4 postal district.
Flat 2, 18, Elms Road, Stockport has 2 entries in the Land Registry database, most recently in October 2018 and a single entry in the EPC database dated March 2009.
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 18 Elms Road Stockport as £206,363 and the rental value as £1,069 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Flat 2 18 Elms Road Stockport has increased by £8,540 (4.1%) and its rental value has increased by £72 per month (6.7%).
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, 18, Elms Road, Stockport is in very good condition we estimate a sale value of £216,681 and rental value of £1,122 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £191,918 and a rental value of £994 per month.
If you were able to purchase this property for the estimated value of £206,363, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,014 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, 18, Elms Road, Stockport was last sold on 18 Oct 2018 for £238,835 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Oct 2018, the market for similar properties has risen 25.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 18, Elms Road, Stockport within a radius of 500 metres over the last 2 years.
The most recent example is Flat 4, 18, Elms Road, Stockport, SK4 4PJ, a Leasehold flat which sold for £170,000 in Sep 2023.
Read more about house prices in SK4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elms Road, Stockport, SK4 has a total of 47 addresses. According to our analysis of all the public data, Flat 2, 18, Elms Road, Stockport is the 46th largest and the 46th most expensive property on the street.
When compared to the postcode district it is £166k less expensive than the average property in SK4.
Flat 2, 18, Elms Road, Stockport has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Mar 2009.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 2, 18, Elms Road, Stockport is Heaton Chapel station which is 300 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 18, Elms Road, Stockport, 40.9% of property is privately owned with a mortgage and 39.1% is privately owned outright.
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, 18, Elms Road, Stockport, 20.2% of residents are recorded as possessing school level qualifications and 60.7% 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, 18, Elms Road, Stockport, the average age was 42 and the most common age was 37.
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, 18, Elms Road, Stockport, 1.3% 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, 18, Elms Road, Stockport, 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.