According to the public record, Flat 7, Elder Court 83, Stockport is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 775 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Elder Court, Heaton Moor Road, Stockport, SK4.
Heaton Moor Road, Stockport, SK4 is located in the borough of Stockport within the SK4 postal district.
Flat 7, Elder Court 83, Stockport has a single entry in the Land Registry database from July 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 7 Elder Court 83 Stockport as £244,501 and the rental value as £1,200 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Flat 7 Elder Court 83 Stockport has increased by £11,205 (4.6%) and its rental value has increased by £84 per month (7.0%).
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 7, Elder Court 83, Stockport is in very good condition we estimate a sale value of £256,726 and rental value of £1,260 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £227,386 and a rental value of £1,116 per month.
If you were able to purchase this property for the estimated value of £244,501, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,202 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 7, Elder Court 83, Stockport was last sold on 18 Jul 2006 for £208,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, Elder Court 83, Stockport within a radius of 480 metres over the last 2 years.
The most recent example is Flat 1, Napier Court 81, Heaton Moor Road, Stockport, SK4 4LB, a Leasehold flat which sold for £232,500 in May 2024.
Read more about house prices in SK4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Heaton Moor Road, Stockport, SK4 has a total of 530 addresses. According to our analysis of all the public data, Flat 7, Elder Court 83, Stockport is the 151st largest and the 202nd most expensive property on the street.
When compared to the postcode district it is £128k less expensive than the average property in SK4.
The closest station to Flat 7, Elder Court 83, Stockport is Heaton Chapel station which is 800 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 7, Elder Court 83, Stockport, 32.8% of property is privately owned outright and 32.8% 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 7, Elder Court 83, Stockport, 20.0% of residents are recorded as possessing school level qualifications and 58.3% 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 7, Elder Court 83, Stockport, the average age was 41.9 and the most common age was 47.
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 7, Elder Court 83, Stockport, 0.0% 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 7, Elder Court 83, Stockport, there are an average of 1.3 cars per household.
See below for how this compares to North West and the rest of England & Wales.