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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
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According to the public record, Flat 1, 2, Smithy Lane, Hyde is a period leasehold apartment with 839 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, 2, Smithy Lane, Hyde is £141,544 and the estimated rental value is £896 per month.
The apartment is within 2, Smithy Lane, Hyde, SK14.
Smithy Lane, Hyde, SK14 is located in the borough of Tameside within the SK14 postal district.
Flat 1, 2, Smithy Lane, Hyde has 31 entries in the Land Registry , most recently in December 2021 and a single entry in the EPC database dated November 2019.
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.
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 1, 2, Smithy Lane, Hyde is in very good condition we estimate a sale value of £148,621 and a rental value of £941 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £131,636 and a rental value of £833 per month.
Over the last 12 months the sale value of Flat 1 2 Smithy Lane Hyde has increased by an estimated £5,798 (4.1%) and its rental value has increased by an estimated £41 per month (4.6%), giving an expected gross yield of 7.6%.
Flat 1, 2, Smithy Lane, Hyde has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Nov 2019.
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, Flat 1, 2, Smithy Lane, Hyde was last sold on 23rd December 2021 for £115,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since December 2021, the market for similar properties has dropped 19.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 2, Smithy Lane, Hyde within a radius of 460 metres over the last 2 years.
The most recent example is 5 Rowan Court, Stockport Road, Hyde, SK14 5QG, a leasehold flat which sold for £131,500 on the 28th March 2024.
Read more about house prices in SK14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Smithy Lane, Hyde, SK14 has a total of 3 addresses. According to our analysis of all the public data, Flat 1, 2, Smithy Lane, Hyde is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £94k less expensive than the average property in SK14.
The closest station to Flat 1, 2, Smithy Lane, Hyde is Hyde Central station which is 1.2 kilometres 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 Flat 1, 2, Smithy Lane, Hyde, 29.5% of property is privately owned with a mortgage and 27.1% 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 Flat 1, 2, Smithy Lane, Hyde, 26.6% of residents are recorded as possessing school level qualifications and 27.1% 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 Flat 1, 2, Smithy Lane, Hyde, the average age was 36.9 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 Flat 1, 2, Smithy Lane, Hyde, 0.0% 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 1, 2, Smithy Lane, Hyde, 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.
