According to the public record, Flat 4, Heather Lea, Altrincham is a period leasehold apartment with 2,454 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Heather Lea, Green Walk, Bowdon, Altrincham, WA14.
Green Walk, Bowdon, Altrincham, WA14 is located in the borough of Trafford within the WA14 postal district.
Flat 4, Heather Lea, Altrincham has a single entry in the Land Registry database from December 2017 and a single entry in the EPC database dated February 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 4 Heather Lea Altrincham as £865,362 and the rental value as £2,428 per month giving an expected gross yield of 3.4%.
Over the last 12 months the sale value of Flat 4 Heather Lea Altrincham has increased by £72,075 (8.3%) and its rental value has increased by £177 per month (7.3%).
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, Heather Lea, Altrincham is in very good condition we estimate a sale value of £908,630 and rental value of £2,549 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £804,787 and a rental value of £2,258 per month.
If you were able to purchase this property for the estimated value of £865,362, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,253 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, Heather Lea, Altrincham was last sold on 18 Dec 2017 for £525,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2017, the market for similar properties has risen 32.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Heather Lea, Altrincham within a radius of 840 metres over the last 2 years.
The most recent example is Flat 5, Westfield, St. Margarets Road, Altrincham, WA14 2AW, a Leasehold flat which sold for £925,000 in Dec 2023.
Read more about house prices in WA14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Green Walk, Bowdon, Altrincham, WA14 has a total of 65 addresses. According to our analysis of all the public data, Flat 4, Heather Lea, Altrincham is the 31st largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £296k more expensive than the average property in WA14.
Flat 4, Heather Lea, Altrincham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Feb 2017.
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 4, Heather Lea, Altrincham is Hale (Manchester) station which is 1.2 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 4, Heather Lea, Altrincham, 58.8% of property is privately owned outright and 25.2% 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, Heather Lea, Altrincham, 21.3% of residents are recorded as possessing school level qualifications and 54.1% 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, Heather Lea, Altrincham, the average age was 44.4 and the most common age was 52.
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, Heather Lea, Altrincham, 3.6% 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, Heather Lea, 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.