78A, Martins Lane
78A, Martins Lane
Description & Estimates
According to the public record, 78A, Martins Lane, Wallasey is a period leasehold apartment with 553 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 78A, Martins Lane, Wallasey is £75,231 and the estimated rental value is £582 per month.
The apartment is within 78, Martins Lane, Wallasey, CH44.
Martins Lane, Wallasey, CH44 is located in the borough of Wirral within the CH44 postal district.
Our Data Sources
78A, Martins Lane, Wallasey has 2 entries in the Land Registry , most recently in August 2024 and a single entry in the EPC database dated March 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
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 78A, Martins Lane, Wallasey is in very good condition we estimate a sale value of £78,993 and a rental value of £611 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £69,965 and a rental value of £541 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 78A, Martins Lane, Wallasey has declined by £981 (1.3%), while its estimated rental value has climbed by £12 per month (2.0%). Based on current estimates, the property offers a gross rental yield of 9.3%.
Energy Efficiency
78A, Martins Lane, Wallasey has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Mar 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 78A, Martins Lane, Wallasey was last sold on 13th August 2024 for £39,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since August 2024, the market for similar properties has risen by 27.2%.
- Sold Aug 2024£39,500
- Sold Jun 2021£40,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 78A, Martins Lane, Wallasey within a radius of 370 metres over the last 2 years.
The most recent example is Flat 4, 81, Martins Lane, Wallasey, CH44 1BQ, a leasehold flat which sold for £60,000 on the 6th April 2022.
Read more about house prices in CH44.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Martins Lane, Wallasey, CH44 has a total of 112 addresses. According to our analysis of all the public data, 78A, Martins Lane, Wallasey is the 93rd largest and the 94th most expensive property on the street.
When compared to the postcode district it is £75k less expensive than the average property in CH44.
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Schools Nearby
- 500mLiscard Primary School
- 600mEgremont Primary School
- 600mSt Alban's Catholic Primary School, a Voluntary Academy
- 900mThe Oldershaw School
- 1.5kmWeatherhead High School
- 1.9kmSt Mary's Catholic College, A Voluntary Academy
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Public Transport Nearby
The closest station to 78A, Martins Lane, Wallasey is New Brighton station, which is 2.1 kilometres away.
- 2.1kmNew Brighton
- 2.2kmWallasey Village
- 2.2kmBirkenhead North
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
