According to the public record, 3, Central Road, Manchester is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 687 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 3, Central Road, Manchester, M20.
Central Road, Manchester, M20 is located in the borough of Manchester within the M20 postal district.
3, Central Road, Manchester has 21 entries in the Land Registry database, most recently in July 2021 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 3 Central Road Manchester as £232,331 and the rental value as £1,279 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 3 Central Road Manchester has increased by £14,038 (6.0%) and its rental value has increased by £70 per month (5.5%).
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 3, Central Road, Manchester is in very good condition we estimate a sale value of £243,947 and rental value of £1,343 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £216,068 and a rental value of £1,190 per month.
If you were able to purchase this property for the estimated value of £232,331, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,142 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, 3, Central Road, Manchester was last sold on 26 Jul 2021 for £210,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2021, the market for similar properties has risen 14.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Central Road, Manchester within a radius of 380 metres over the last 2 years.
The most recent example is Flat 7, 2, Central Road, Manchester, M20 4ZD, a Leasehold flat which sold for £250,000 in Feb 2024.
Read more about house prices in M20.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Central Road, Manchester, M20 has a total of 228 addresses. According to our analysis of all the public data, 3, Central Road, Manchester is the 71st largest and the 107th most expensive property on the street.
When compared to the postcode district it is £154k less expensive than the average property in M20.
The closest station to 3, Central Road, Manchester is Burnage station which is 1.7 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 3, Central Road, Manchester, 76.4% of property is privately rented and 12.6% 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 3, Central Road, Manchester, 14.0% of residents are recorded as possessing school level qualifications and 78.8% 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 3, Central Road, Manchester, the average age was 34.6 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 3, Central 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 3, Central Road, Manchester, there are an average of 0.7 cars per household.
See below for how this compares to North West and the rest of England & Wales.