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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 1 Spruce Lodge, Cheadle is a modern leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1 Spruce Lodge, Cheadle is £132,315 and the estimated rental value is £915 per month.
Cheadle, SK8 is located in the borough of Stockport within the SK8 postal district.
1 Spruce Lodge, Cheadle has 3 entries in the Land Registry , most recently in September 2024 and a single entry in the EPC database dated June 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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 1 Spruce Lodge, Cheadle is in very good condition we estimate a sale value of £138,931 and a rental value of £961 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £123,053 and a rental value of £851 per month.
Over the last 12 months the sale value of 1 Spruce Lodge Cheadle has increased by an estimated £1,250 (0.9%) and its rental value has increased by an estimated £30 per month (3.3%), giving an expected gross yield of 8.3%.
1 Spruce Lodge, Cheadle has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Jun 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 1 Spruce Lodge, Cheadle was last sold on 2nd September 2024 for £115,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since September 2024, the market for similar properties has dropped 3.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1 Spruce Lodge, Cheadle within a radius of 590 metres over the last 2 years.
The most recent example is 12 Spruce Lodge, Cheadle, SK8 1HD, a leasehold flat which sold for £125,000 on the 28th July 2023.
Read more about house prices in SK8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cheadle, SK8 has a total of 14 addresses. According to our analysis of all the public data, 1 Spruce Lodge, Cheadle is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £278k less expensive than the average property in SK8.
The closest station to 1 Spruce Lodge, Cheadle is Gatley station which is 1.2 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 1 Spruce Lodge, Cheadle, 38.2% of property is privately owned outright and 31.5% is privately rented.
The graph below shows how this compares to North West 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 1 Spruce Lodge, Cheadle, 10.3% of residents are recorded as possessing school level qualifications and 44.3% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1 Spruce Lodge, Cheadle, the average age was 40.9 and the most common age was 32.
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 1 Spruce Lodge, Cheadle, 0.9% 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 1 Spruce Lodge, Cheadle, there are an average of 1.0 cars per household.
See below for how this compares to North West and the rest of England & Wales.
