According to the public record, Flat 5, Westwood Lodge 17, Altrincham is a modern leasehold apartment with 1,496 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Westwood Lodge, Leicester Road, Hale, Altrincham, WA15.
Leicester Road, Hale, Altrincham, WA15 is located in the borough of Trafford within the WA15 postal district.
Flat 5, Westwood Lodge 17, Altrincham has a single entry in the Land Registry database from October 2013 and a single entry in the EPC database dated February 2013.
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 Westwood Lodge 17 Altrincham as £728,959 and the rental value as £2,315 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of Flat 5 Westwood Lodge 17 Altrincham has increased by £55,994 (7.7%) and its rental value has increased by £113 per month (4.9%).
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, Westwood Lodge 17, Altrincham is in very good condition we estimate a sale value of £765,407 and rental value of £2,431 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £677,932 and a rental value of £2,153 per month.
If you were able to purchase this property for the estimated value of £728,959, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,583 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, Westwood Lodge 17, Altrincham was last sold on 10 Oct 2013 for £467,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2013, the market for similar properties has risen 68.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Westwood Lodge 17, Altrincham within a radius of 630 metres over the last 2 years.
The most recent example is Flat 3, Westwood Lodge 17, Leicester Road, Altrincham, WA15 9QA, a Leasehold flat which sold for £560,000 in May 2021.
Read more about house prices in WA15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Leicester Road, Hale, Altrincham, WA15 has a total of 40 addresses. According to our analysis of all the public data, Flat 5, Westwood Lodge 17, Altrincham is the 22nd largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £120k more expensive than the average property in WA15.
Flat 5, Westwood Lodge 17, Altrincham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Feb 2013.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 5, Westwood Lodge 17, Altrincham is Hale (Manchester) station which is 700 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 5, Westwood Lodge 17, Altrincham, 51.2% of property is privately owned outright and 37.4% 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, Westwood Lodge 17, Altrincham, 21.7% of residents are recorded as possessing school level qualifications and 62.5% 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, Westwood Lodge 17, Altrincham, the average age was 39.6 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, Westwood Lodge 17, Altrincham, 8.0% 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, Westwood Lodge 17, 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.