According to the public record, Flat B, Fairway House, Stockport is a mid-century leasehold apartment with 667 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Fairway House, Leegate Road, Stockport, SK4.
Leegate Road, Stockport, SK4 is located in the borough of Stockport within the SK4 postal district.
Flat B, Fairway House, Stockport has 41 entries in the Land Registry database, most recently in September 2021 and a single entry in the EPC database dated December 2022.
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 B Fairway House Stockport as £200,764 and the rental value as £1,095 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Flat B Fairway House Stockport has increased by £9,498 (4.7%) and its rental value has increased by £83 per month (7.6%).
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 B, Fairway House, Stockport is in very good condition we estimate a sale value of £210,803 and rental value of £1,150 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £186,711 and a rental value of £1,018 per month.
If you were able to purchase this property for the estimated value of £200,764, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £987 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 B, Fairway House, Stockport was last sold on 10 Sep 2021 for £197,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Sep 2021, the market for similar properties has risen 10.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat B, Fairway House, Stockport within a radius of 610 metres over the last 2 years.
The most recent example is 9, Clifton Court, Stockport, SK4 4DB, a Leasehold flat which sold for £187,000 in Sep 2021.
Read more about house prices in SK4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Leegate Road, Stockport, SK4 has a total of 80 addresses. According to our analysis of all the public data, Flat B, Fairway House, Stockport is the 37th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £171k less expensive than the average property in SK4.
Flat B, Fairway House, Stockport has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Dec 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat B, Fairway House, Stockport is Heaton Chapel station which is 900 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat B, Fairway House, Stockport, 41.7% of property is privately owned outright and 31.3% 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 B, Fairway House, Stockport, 19.8% of residents are recorded as possessing school level qualifications and 62.1% 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 B, Fairway House, 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 B, Fairway House, Stockport, 2.2% 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 B, Fairway House, Stockport, there are an average of 1.4 cars per household.
See below for how this compares to North West and the rest of England & Wales.