According to the public record, 142, Royal Oak Road, Manchester is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a early-century apartment with 600 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
Royal Oak Road, Manchester, M23 is located in the borough of Manchester within the M23 postal district.
142, Royal Oak Road, Manchester has 21 entries in the Land Registry database, most recently in February 2007 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 142 Royal Oak Road Manchester as £127,022 and the rental value as £715 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 142 Royal Oak Road Manchester has increased by £4,808 (3.8%) and its rental value has increased by £15 per month (2.0%).
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 142, Royal Oak Road, Manchester is in very good condition we estimate a sale value of £133,373 and rental value of £751 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £118,130 and a rental value of £665 per month.
If you were able to purchase this property for the estimated value of £127,022, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £624 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, 142, Royal Oak Road, Manchester was last sold on 05 Feb 2007 for £75,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2007, the market for similar properties has risen 68.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 142, Royal Oak Road, Manchester within a radius of 550 metres over the last 2 years.
The most recent example is 20, Oakcliffe Road, Manchester, M23 1DA, a Leasehold flat which sold for £139,000 in Jan 2023.
Read more about house prices in M23.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Royal Oak Road, Manchester, M23 has a total of 179 addresses. According to our analysis of all the public data, 142, Royal Oak Road, Manchester is the 178th largest and the 179th most expensive property on the street.
When compared to the postcode district it is £109k less expensive than the average property in M23.
The closest station to 142, Royal Oak Road, Manchester is Gatley station which is 3.8 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 142, Royal Oak Road, Manchester, 46.2% of property is socially rented and 25.8% is privately owned with a mortgage.
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 142, Royal Oak Road, Manchester, 32.3% of residents are recorded as possessing school level qualifications and 33.5% 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 142, Royal Oak Road, Manchester, the average age was 35.8 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 142, Royal Oak Road, Manchester, 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 142, Royal Oak Road, Manchester, there are an average of 0.9 cars per household.
See below for how this compares to North West and the rest of England & Wales.