Flat 1, 81
Flat 1, 81
Description & Estimates
Flat 1, 81, Martins Lane, Wallasey is recorded publicly as a modern leasehold apartment across 516 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 1, 81, Martins Lane, Wallasey is £66,543 and its rental estimate is £542 per month, given the available information and assuming reasonable condition.
81, Martins Lane is a residential building on Martins Lane, Wallasey, CH44 and falls within the CH44 postal district and the borough of Wirral.
Our Data Sources
Flat 1, 81, Martins Lane, Wallasey has a single entry in the Land Registry from April 2007 and a single entry in the EPC database dated August 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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 1, 81, Martins Lane, Wallasey, we estimate a market value of £69,870 and a rental value of £570 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £61,885 and £505 per month respectively.
Recent Market Change
Over the last year, Flat 1, 81, Martins Lane, Wallasey has seen its estimated sale value fall by £867 (1.3%) and its estimated rental value move up by £11 per month (2.0%). This results in an estimated gross rental yield of 9.8%.
Energy Efficiency
Flat 1, 81, Martins Lane, Wallasey has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Aug 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of Flat 1, 81, Martins Lane, Wallasey completed on 27th April 2007 at £135,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 0.3% over the period since April 2007.
- Sold Apr 2007£135,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1, 81, Martins Lane, Wallasey have sold within a radius of 360 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th April 2022, was Flat 2, 81, Martins Lane, Wallasey, CH44 1BQ, a leasehold flat which sold for £60,000.
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
Of the 112 addresses on Martins Lane, Wallasey, CH44, Flat 1, 81, Martins Lane, Wallasey comes out as the 98th largest and the 107th most expensive in our analysis of the public data.
It is also £84k less expensive than the average property across the CH44 district.
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Schools Nearby
- 400mLiscard Primary School
- 600mSt Alban's Catholic Primary School, a Voluntary Academy
- 600mEgremont Primary School
- 900mThe Oldershaw School
- 1.5kmWeatherhead High School
- 1.9kmSt Mary's Catholic College, A Voluntary Academy
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Public Transport Nearby
From Flat 1, 81, Martins Lane, Wallasey, the nearest station is New Brighton, 2.0 kilometres away.
- 2.0kmNew Brighton
- 2.1kmWallasey Village
- 2.2kmBirkenhead North
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
