According to the public record, Flat 5, West Thorpe, Altrincham is a modern leasehold apartment with 1,646 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in West Thorpe, Park Road, Bowdon, Altrincham, WA14.
Park Road, Bowdon, Altrincham, WA14 is located in the borough of Trafford within the WA14 postal district.
Flat 5, West Thorpe, Altrincham has a single entry in the Land Registry database from April 2022 and a single entry in the EPC database dated September 2021.
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 5 West Thorpe Altrincham as £748,058 and the rental value as £2,004 per month giving an expected gross yield of 3.2%.
Over the last 12 months the sale value of Flat 5 West Thorpe Altrincham has increased by £62,276 (8.3%) and its rental value has increased by £145 per month (7.2%).
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 5, West Thorpe, Altrincham is in very good condition we estimate a sale value of £785,461 and rental value of £2,104 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £695,694 and a rental value of £1,864 per month.
If you were able to purchase this property for the estimated value of £748,058, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,676 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 5, West Thorpe, Altrincham was last sold on 14 Apr 2022 for £700,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2022, the market for similar properties has risen 7.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, West Thorpe, Altrincham within a radius of 870 metres over the last 2 years.
The most recent example is Flat 6, West Thorpe, Park Road, Altrincham, WA14 3JG, a Leasehold flat which sold for £769,700 in Oct 2018.
Read more about house prices in WA14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Road, Bowdon, Altrincham, WA14 has a total of 41 addresses. According to our analysis of all the public data, Flat 5, West Thorpe, Altrincham is the 36th largest and the 31st most expensive property on the street.
When compared to the postcode district it is £179k more expensive than the average property in WA14.
Flat 5, West Thorpe, Altrincham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Sep 2021.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to Flat 5, West Thorpe, Altrincham is Hale (Manchester) station which is 1.5 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 5, West Thorpe, Altrincham, 56.7% of property is privately owned outright and 32.6% 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 5, West Thorpe, Altrincham, 18.5% of residents are recorded as possessing school level qualifications and 47.2% 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 5, West Thorpe, 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 5, West Thorpe, Altrincham, 2.7% 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 5, West Thorpe, Altrincham, there are an average of 1.7 cars per household.
See below for how this compares to North West and the rest of England & Wales.