According to the public record, 1, Greenstead Avenue, Manchester is a Leasehold apartment.
By comparing it to neighbours, we estimate that it is a early-century apartment with 603 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
Greenstead Avenue, Manchester, M8 is located in the borough of Manchester within the M8 postal district.
1, Greenstead Avenue, Manchester has 2 entries in the Land Registry database, most recently in December 2023 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Greenstead Avenue Manchester as £128,176 and the rental value as £767 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 1 Greenstead Avenue Manchester has increased by £2,680 (2.1%) and its rental value has increased by £1 per month (0.1%).
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 1, Greenstead Avenue, Manchester is in very good condition we estimate a sale value of £134,584 and rental value of £805 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £119,203 and a rental value of £713 per month.
If you were able to purchase this property for the estimated value of £128,176, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £630 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 1, Greenstead Avenue, Manchester was last sold on 29 Dec 2023 for £130,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2023, the market for similar properties has risen 3.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Greenstead Avenue, Manchester within a radius of 470 metres over the last 2 years.
The most recent example is 15, Deanery Court, Manchester, M8 0AU, a Leasehold flat which sold for £120,000 in Jul 2023.
Read more about house prices in M8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Greenstead Avenue, Manchester, M8 has a total of 38 addresses. According to our analysis of all the public data, 1, Greenstead Avenue, Manchester is the 38th largest and the 38th most expensive property on the street.
When compared to the postcode district it is £101k less expensive than the average property in M8.
The closest station to 1, Greenstead Avenue, Manchester is Manchester Victoria station which is 2.6 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 1, Greenstead Avenue, Manchester, 35.0% of property is privately owned outright and 30.1% is privately rented.
The graph below shows how this compares to Greater London 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 1, Greenstead Avenue, Manchester, 34.6% of residents are recorded as possessing school level qualifications and 23.1% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Greenstead Avenue, Manchester, the average age was 31.5 and the most common age was 12.
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 1, Greenstead Avenue, Manchester, 0.2% 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 1, Greenstead Avenue, Manchester, 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.