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Public records show Flat 3, 405, Park Lane, Macclesfield to be a period leasehold apartment with 710 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 3, 405, Park Lane, Macclesfield has an estimated sale value of £128,766 and an estimated rental value of £785 per month, assuming reasonable condition and based on the information available.
The apartment sits within 405, Park Lane, Macclesfield, SK11.
Park Lane, Macclesfield, SK11 lies within the SK11 postal district.
Flat 3, 405, Park Lane, Macclesfield has 31 entries in the Land Registry , most recently in June 2016 and a single entry in the EPC database dated September 2019.
We combine this information with that 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.
In very good condition, we estimate Flat 3, 405, Park Lane, Macclesfield would be worth £135,205, with a potential rental value of £825 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £119,753, with a rental value of £730 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 3, 405, Park Lane, Macclesfield has risen by £1,090 (0.8%) over the last year. During the same period, its estimated monthly rental value has moved up by £35 (4.4%). The property's estimated gross yield is currently 7.3%.
Flat 3, 405, Park Lane, Macclesfield has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Sep 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Flat 3, 405, Park Lane, Macclesfield last changed hands on 30th June 2016, selling for £103,500. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 36.4% since June 2016.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 590 metres of Flat 3, 405, Park Lane, Macclesfield across the last 2 years.
Most recently, Flat 1, 403, Park Lane, Macclesfield, SK11 8JR, a leasehold flat, sold at £115,000 on the 28th April 2023.
Read more about house prices in SK11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 3, 405, Park Lane, Macclesfield as the 148th largest and the 215th most expensive of the 251 addresses on Park Lane, Macclesfield, SK11.
Against the SK11 postcode district average, it is £185k less expensive than the typical property.
Macclesfield station is the nearest stop to Flat 3, 405, Park Lane, Macclesfield at 1.3 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 3, 405, Park Lane, Macclesfield, 40.9% of property is privately owned with a mortgage and 37.2% is privately owned outright.
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 3, 405, Park Lane, Macclesfield, 16.4% of residents are recorded as possessing school level qualifications and 39.5% 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 3, 405, Park Lane, Macclesfield, the average age was 41.2 and the most common age was 27.
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 3, 405, Park Lane, Macclesfield, 0.7% 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 3, 405, Park Lane, Macclesfield, there are an average of 1.2 cars per household.
See below for how this compares to North West and the rest of England & Wales.