According to the public record, Flat 8, Elder Court 83, Stockport is a modern leasehold apartment with 1,216 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
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 8, Elder Court 83, Stockport has 2 entries in the Land Registry database, most recently in December 2020 and a single entry in the EPC database dated June 2020.
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 Elder Court 83 Stockport as £377,439 and the rental value as £1,542 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of Flat 8 Elder Court 83 Stockport has increased by £18,740 (5.0%) and its rental value has increased by £113 per month (7.4%).
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, Elder Court 83, Stockport is in very good condition we estimate a sale value of £396,311 and rental value of £1,619 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £351,019 and a rental value of £1,434 per month.
If you were able to purchase this property for the estimated value of £377,439, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,855 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, Elder Court 83, Stockport was last sold on 15 Dec 2020 for £328,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2020, the market for similar properties has risen 13.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, Elder Court 83, Stockport within a radius of 480 metres over the last 2 years.
The most recent example is Flat 11, Sycamore Court 85, Heaton Moor Road, Stockport, SK4 4FX, a Leasehold flat which sold for £352,000 in Dec 2023.
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 8, Elder Court 83, Stockport is the 34th largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £5k more expensive than the average property in SK4.
Flat 8, Elder Court 83, Stockport has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Jun 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 8, Elder Court 83, Stockport is Heaton Chapel station which is 800 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 8, 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 8, 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 8, 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 8, 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 8, 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.