According to the public record, Flat 3, 68, Derby Road, Stockport is a period leasehold apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 68, Derby Road, Stockport, SK4.
Derby Road, Stockport, SK4 is located in the borough of Stockport within the SK4 postal district.
Flat 3, 68, Derby Road, Stockport has 2 entries in the Land Registry database, most recently in July 2018 and a single entry in the EPC database dated March 2022.
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 3 68 Derby Road Stockport as £204,000 and the rental value as £1,105 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Flat 3 68 Derby Road Stockport has increased by £7,809 (3.8%) and its rental value has increased by £71 per month (6.4%).
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 3, 68, Derby Road, Stockport is in very good condition we estimate a sale value of £214,200 and rental value of £1,160 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £189,720 and a rental value of £1,027 per month.
If you were able to purchase this property for the estimated value of £204,000, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,003 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 3, 68, Derby Road, Stockport was last sold on 27 Jul 2018 for £167,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2018, the market for similar properties has risen 24.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 68, Derby Road, Stockport within a radius of 510 metres over the last 2 years.
The most recent example is Flat 8, Dalton Court 60, Derby Road, Stockport, SK4 4NF, a Leasehold flat which sold for £185,000 in Jun 2023.
Read more about house prices in SK4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Derby Road, Stockport, SK4 has a total of 213 addresses. According to our analysis of all the public data, Flat 3, 68, Derby Road, Stockport is the 106th largest and the 114th most expensive property on the street.
When compared to the postcode district it is £168k less expensive than the average property in SK4.
Flat 3, 68, Derby Road, Stockport has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Mar 2022.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to Flat 3, 68, Derby Road, Stockport is Heaton Chapel 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 3, 68, Derby Road, Stockport, 60.0% of property is privately owned outright and 19.2% 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 3, 68, Derby Road, Stockport, 8.7% of residents are recorded as possessing school level qualifications and 40.6% 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 3, 68, Derby 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 3, 68, Derby Road, Stockport, 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 3, 68, Derby Road, Stockport, there are an average of 0.8 cars per household.
See below for how this compares to North West and the rest of England & Wales.