According to the public record, 15, Elm Grove, Manchester is a modern leasehold apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Elm Grove, Manchester, M20 is located in the borough of Manchester within the M20 postal district.
15, Elm Grove, Manchester has 31 entries in the Land Registry database, most recently in February 2021 and a single entry in the EPC database dated June 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 15 Elm Grove Manchester as £246,678 and the rental value as £1,284 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 15 Elm Grove Manchester has increased by £17,795 (7.2%) and its rental value has increased by £86 per month (6.7%).
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 15, Elm Grove, Manchester is in very good condition we estimate a sale value of £259,011 and rental value of £1,349 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £229,410 and a rental value of £1,195 per month.
If you were able to purchase this property for the estimated value of £246,678, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,212 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, 15, Elm Grove, Manchester was last sold on 26 Feb 2021 for £183,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Feb 2021, the market for similar properties has risen 13.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Elm Grove, Manchester within a radius of 430 metres over the last 2 years.
The most recent example is 4, Shapley Court 12, School Lane, Manchester, M20 6QX, a Leasehold flat which sold for £335,000 in Dec 2023.
Read more about house prices in M20.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elm Grove, Manchester, M20 has a total of 49 addresses. According to our analysis of all the public data, 15, Elm Grove, Manchester is the 49th largest and the 49th most expensive property on the street.
When compared to the postcode district it is £139k less expensive than the average property in M20.
15, Elm Grove, Manchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Jun 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 15, Elm Grove, Manchester is East Didsbury station which is 900 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 15, Elm Grove, Manchester, 55.6% of property is privately rented and 25.4% 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 15, Elm Grove, Manchester, 16.9% of residents are recorded as possessing school level qualifications and 66.7% 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 15, Elm Grove, Manchester, the average age was 40 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 15, Elm Grove, Manchester, 0.6% 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 15, Elm Grove, Manchester, there are an average of 0.8 cars per household.
See below for how this compares to North West and the rest of England & Wales.