According to the public record, Flat 4, Grosvenor Lodge, Stockport is a modern leasehold apartment and with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Grosvenor Lodge, Dorchester Road, Hazel Grove, Stockport, SK7.
Dorchester Road, Hazel Grove, Stockport, SK7 is located in the borough of Stockport within the SK7 postal district.
Flat 4, Grosvenor Lodge, Stockport has 41 entries in the Land Registry database, most recently in February 2023 and 2 entries in the EPC database, most recently in July 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 4 Grosvenor Lodge Stockport as £147,358 and the rental value as £959 per month giving an expected gross yield of 7.8%.
Over the last 12 months the sale value of Flat 4 Grosvenor Lodge Stockport has increased by £2,840 (1.9%) and its rental value has increased by £8 per month (0.8%).
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 4, Grosvenor Lodge, Stockport is in very good condition we estimate a sale value of £154,726 and rental value of £1,007 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £137,043 and a rental value of £892 per month.
If you were able to purchase this property for the estimated value of £147,358, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £724 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 4, Grosvenor Lodge, Stockport was last sold on 20 Feb 2023 for £152,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Feb 2023, the market for similar properties has risen 2.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Grosvenor Lodge, Stockport within a radius of 0m over the last 2 years.
The most recent example is Flat 8, Grosvenor Lodge, Dorchester Road, Stockport, SK7 5HE, a Leasehold flat which sold for £124,000 in Sep 2019.
Read more about house prices in SK7.
Dorchester Road, Hazel Grove, Stockport, SK7 has a total of 31 addresses. According to our analysis of all the public data, Flat 4, Grosvenor Lodge, Stockport is the 30th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £296k less expensive than the average property in SK7.
Flat 4, Grosvenor Lodge, Stockport has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Jul 2022.
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 4, Grosvenor Lodge, Stockport is Hazel Grove station which is 1.3 km 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 4, Grosvenor Lodge, Stockport, 65.9% of property is privately owned outright and 34.1% 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 4, Grosvenor Lodge, Stockport, 15.0% of residents are recorded as possessing school level qualifications and 45.8% 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 4, Grosvenor Lodge, Stockport, the average age was 45.5 and the most common age was 72.
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 4, Grosvenor Lodge, Stockport, 4.3% 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 4, Grosvenor Lodge, Stockport, there are an average of 1.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.