According to the public record, 27, Larch Close, Manchester is a modern leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Larch Close, Manchester, M23 is located in the borough of Trafford within the M23 postal district.
27, Larch Close, Manchester has a single entry in the Land Registry database from November 2017 and a single entry in the EPC database dated November 2018.
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 27 Larch Close Manchester as £129,312 and the rental value as £730 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 27 Larch Close Manchester has increased by £7,157 (5.5%) and its rental value has increased by £24 per month (3.3%).
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 27, Larch Close, Manchester is in very good condition we estimate a sale value of £135,778 and rental value of £767 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £120,260 and a rental value of £679 per month.
If you were able to purchase this property for the estimated value of £129,312, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £636 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, 27, Larch Close, Manchester was last sold on 03 Nov 2017 for £104,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2017, the market for similar properties has risen 37.8%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 27, Larch Close, Manchester within a radius of 600 metres over the last 2 years.
The most recent example is 11, Larch Close, Manchester, M23 9PZ, a Leasehold flat which sold for £124,000 in Sep 2022.
Read more about house prices in M23.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Larch Close, Manchester, M23 has a total of 30 addresses. According to our analysis of all the public data, 27, Larch Close, Manchester is the 27th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £107k less expensive than the average property in M23.
27, Larch Close, Manchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Nov 2018.
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 27, Larch Close, Manchester is Navigation Road station which is 2.1 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 27, Larch Close, Manchester, 33.3% of property is privately owned with a mortgage and 23.4% is privately owned outright.
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 27, Larch Close, Manchester, 20.1% of residents are recorded as possessing school level qualifications and 47.1% 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 27, Larch Close, Manchester, the average age was 41.5 and the most common age was 42.
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 27, Larch Close, 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 27, Larch Close, 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.