Flat 1, 401
Flat 1, 401
Description & Estimates
The public record describes Flat 1, 401, Park Lane, Macclesfield as a period apartment with 624 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a garden.
Flat 1, 401, Park Lane, Macclesfield has an estimated sale value of £121,302 and an estimated rental value of £755 per month, assuming reasonable condition and based on the information available.
The apartment sits within 401, Park Lane, Macclesfield, SK11.
Park Lane, Macclesfield, SK11 lies within the SK11 postal district.
Our Data Sources
Flat 1, 401, Park Lane, Macclesfield has no records in the the Land Registry and a single entry in the EPC database dated June 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Flat 1, 401, Park Lane, Macclesfield would be worth £127,367, with a potential rental value of £792 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £112,811, with a rental value of £702 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 1, 401, Park Lane, Macclesfield has climbed by £2,243 (1.8%) over the last year. During the same period, its estimated monthly rental value has risen by £41 (5.4%). The property's estimated gross yield is currently 7.5%.
Energy Efficiency
Flat 1, 401, Park Lane, Macclesfield has an Energy Performance Rating (EPC) of D. 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.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 590 metres of Flat 1, 401, Park Lane, Macclesfield across the last 2 years.
Most recently, 435, Park Lane, Macclesfield, SK11 8JU, a leasehold flat, sold at £158,500 on the 2nd February 2024.
Read more about house prices in SK11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 1, 401, Park Lane, Macclesfield as the 182nd largest and the 231st most expensive of the 251 addresses on Park Lane, Macclesfield, SK11.
Against the SK11 postcode district average, it is £192k less expensive than the typical property.
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Schools Nearby
- 700mParkroyal Community School
- 700mChrist The King Catholic and Church of England Primary School
- 800mSt John the Evangelist CofE Primary School Macclesfield
- 300mThe Macclesfield Academy
- 500mAll Hallows Catholic College
- 2.0kmTytherington School
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Public Transport Nearby
Macclesfield station is the nearest stop to Flat 1, 401, Park Lane, Macclesfield at 1.3 kilometres away.
- 1.3kmMacclesfield
- 4.6kmPrestbury
- 7.5kmAdlington (Cheshire)
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
