According to the public record, Groby Bank, Altrincham is a period leasehold house with 3,605 ft2 of internal area and sits on a 1,157 m2 plot.
Houses of this size in this area normally have 6 bedrooms with a garden.
Groby Road, Altrincham, WA14 is located in the borough of Trafford within the WA14 postal district.
Groby Bank, Altrincham has a single entry in the Land Registry database from December 2017 and a single entry in the EPC database dated May 2017.
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 Groby Bank Altrincham as £1,333,556 and the rental value as £3,260 per month giving an expected gross yield of 2.9%.
Over the last 12 months the sale value of Groby Bank Altrincham has increased by £34,979 (2.6%) and its rental value has increased by £75 per month (2.3%).
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 Groby Bank, Altrincham is in very good condition we estimate a sale value of £1,400,234 and rental value of £3,423 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,240,207 and a rental value of £3,032 per month.
If you were able to purchase this property for the estimated value of £1,333,556, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £6,554 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 data from HM Land Registry, Groby Bank, Altrincham sits on a plot of 1157m2.
We have plot size data on 8 out of 9 other houses in the postcode and Groby Bank, Altrincham sits on the 7th largest plot.
According to HM Land Registry, Groby Bank, Altrincham was last sold on 07 Dec 2017 for £1,220,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2017, the market for similar properties has risen 29.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Groby Bank, Altrincham within a radius of 590 metres over the last 2 years.
The most recent example is The Spinney, Groby Road, Altrincham, WA14 2BJ, a Freehold house which sold for £1,900,000 in Dec 2021.
Read more about house prices in WA14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Groby Road, Altrincham, WA14 has a total of 170 addresses. According to our analysis of all the public data, Groby Bank, Altrincham is the 14th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £764k more expensive than the average property in WA14.
Groby Bank, Altrincham has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 30 May 2017.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to Groby Bank, Altrincham is Altrincham station which is 700 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 Groby Bank, Altrincham, 43.9% of property is privately owned outright and 30.7% 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 Groby Bank, Altrincham, 21.7% of residents are recorded as possessing school level qualifications and 62.6% 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 Groby Bank, 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 Groby Bank, Altrincham, 1.5% 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 Groby Bank, Altrincham, there are an average of 1.5 cars per household.
See below for how this compares to North West and the rest of England & Wales.