According to the public record, Flat 8, Chomlea, Altrincham is a modern leasehold apartment with 1,258 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Chomlea, Devisdale Road, Altrincham, WA14.
Devisdale Road, Altrincham, WA14 is located in the borough of Trafford within the WA14 postal district.
Flat 8, Chomlea, Altrincham has 21 entries in the Land Registry database, most recently in November 2020 and a single entry in the EPC database dated January 2011.
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 8 Chomlea Altrincham as £566,387 and the rental value as £1,629 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of Flat 8 Chomlea Altrincham has increased by £41,219 (7.3%) and its rental value has increased by £113 per month (6.9%).
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 8, Chomlea, Altrincham is in very good condition we estimate a sale value of £594,707 and rental value of £1,711 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £526,740 and a rental value of £1,515 per month.
If you were able to purchase this property for the estimated value of £566,387, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,784 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 8, Chomlea, Altrincham was last sold on 03 Nov 2020 for £470,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2020, the market for similar properties has risen 16.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, Chomlea, Altrincham within a radius of 770 metres over the last 2 years.
The most recent example is Flat 15, Chomlea, Devisdale Road, Altrincham, WA14 2AT, a Leasehold flat which sold for £410,000 in Feb 2020.
Read more about house prices in WA14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Devisdale Road, Altrincham, WA14 has a total of 62 addresses. According to our analysis of all the public data, Flat 8, Chomlea, Altrincham is the 43rd largest and the 45th most expensive property on the street.
When compared to the postcode district it is £3k less expensive than the average property in WA14.
Flat 8, Chomlea, Altrincham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Jan 2011.
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 8, Chomlea, Altrincham is Altrincham 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 8, Chomlea, Altrincham, 56.6% of property is privately owned outright and 28.0% 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 8, Chomlea, Altrincham, 13.7% of residents are recorded as possessing school level qualifications and 48.8% 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 8, Chomlea, Altrincham, the average age was 42 and the most common age was 42.
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 8, Chomlea, Altrincham, 1.2% 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 8, Chomlea, Altrincham, 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.