According to the public record, Flat L, Grove House, Stockport is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 537 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Grove House, Station Road, Heaton Mersey, Stockport, SK4.
Station Road, Heaton Mersey, Stockport, SK4 is located in the borough of Stockport within the SK4 postal district.
Flat L, Grove House, Stockport has 41 entries in the Land Registry database, most recently in January 2019 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.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat L Grove House Stockport as £149,707 and the rental value as £936 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of Flat L Grove House Stockport has increased by £8,637 (5.8%) and its rental value has increased by £71 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 L, Grove House, Stockport is in very good condition we estimate a sale value of £157,193 and rental value of £983 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £139,228 and a rental value of £871 per month.
If you were able to purchase this property for the estimated value of £149,707, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £736 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 L, Grove House, Stockport was last sold on 31 Jan 2019 for £120,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jan 2019, the market for similar properties has risen 26.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat L, Grove House, Stockport within a radius of 690 metres over the last 2 years.
The most recent example is Flat B, Grove House, Station Road, Stockport, SK4 3EX, a Leasehold flat which sold for £125,000 in Oct 2021.
Read more about house prices in SK4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Station Road, Heaton Mersey, Stockport, SK4 has a total of 35 addresses. According to our analysis of all the public data, Flat L, Grove House, Stockport is the 9th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £222k less expensive than the average property in SK4.
The closest station to Flat L, Grove House, Stockport is East Didsbury station which is 1.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat L, Grove House, Stockport, 46.2% of property is privately rented and 28.9% 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 L, Grove House, Stockport, 12.3% of residents are recorded as possessing school level qualifications and 52.0% 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 L, Grove House, Stockport, the average age was 41.6 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 L, Grove House, Stockport, 4.2% 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 L, Grove House, Stockport, there are an average of 0.9 cars per household.
See below for how this compares to North West and the rest of England & Wales.