According to the public record, 22, Wellington House 398-400, Manchester is a modern leasehold apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Wellington House, Wilmslow Road, Manchester, M20.
Wilmslow Road, Manchester, M20 is located in the borough of Manchester within the M20 postal district.
22, Wellington House 398-400, Manchester has 41 entries in the Land Registry database, most recently in July 2023 and a single entry in the EPC database dated April 2022.
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 22 Wellington House 398-400 Manchester as £175,181 and the rental value as £1,100 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of 22 Wellington House 398-400 Manchester has increased by £7,271 (4.2%) and its rental value has increased by £46 per month (4.2%).
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 22, Wellington House 398-400, Manchester is in very good condition we estimate a sale value of £183,941 and rental value of £1,155 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £162,919 and a rental value of £1,023 per month.
If you were able to purchase this property for the estimated value of £175,181, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £861 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, 22, Wellington House 398-400, Manchester was last sold on 26 Jul 2023 for £165,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jul 2023, the market for similar properties has risen 4.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Wellington House 398-400, Manchester within a radius of 380 metres over the last 2 years.
The most recent example is 16, Wellington House 398-400, Wilmslow Road, Manchester, M20 3LU, a Leasehold flat which sold for £162,000 in Aug 2023.
Read more about house prices in M20.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wilmslow Road, Manchester, M20 has a total of 1247 addresses. According to our analysis of all the public data, 22, Wellington House 398-400, Manchester is the 999th largest and the 1052nd most expensive property on the street.
When compared to the postcode district it is £211k less expensive than the average property in M20.
22, Wellington House 398-400, Manchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Apr 2022.
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 22, Wellington House 398-400, Manchester is Mauldeth Road station which is 1.2 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 22, Wellington House 398-400, Manchester, 83.7% of property is privately rented and 11.4% 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 22, Wellington House 398-400, Manchester, 69.0% of residents are recorded as possessing school level qualifications and 34.7% 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 22, Wellington House 398-400, Manchester, the average age was 33.4 and the most common age was 22.
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 22, Wellington House 398-400, Manchester, 0.4% 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 22, Wellington House 398-400, 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.