According to the public record, 3, Marshbrook Drive, Manchester is a modern leasehold apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Marshbrook Drive, Manchester, M9 is located in the borough of Manchester within the M9 postal district.
3, Marshbrook Drive, Manchester has a single entry in the Land Registry database from April 2006 and a single entry in the EPC database dated August 2021.
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 3 Marshbrook Drive Manchester as £86,715 and the rental value as £624 per month giving an expected gross yield of 8.6%.
Over the last 12 months the sale value of 3 Marshbrook Drive Manchester has increased by £2,313 (2.7%) and its rental value has increased by £13 per month (2.1%).
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, Marshbrook Drive, Manchester is in very good condition we estimate a sale value of £91,051 and rental value of £655 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £80,645 and a rental value of £580 per month.
If you were able to purchase this property for the estimated value of £86,715, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £426 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, Marshbrook Drive, Manchester was last sold on 07 Apr 2006 for £109,750 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Marshbrook Drive, Manchester within a radius of 580 metres over the last 2 years.
The most recent example is 1, Marshbrook Drive, Manchester, M9 8NN, a Leasehold flat which sold for £82,000 in Jun 2023.
Read more about house prices in M9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Marshbrook Drive, Manchester, M9 has a total of 32 addresses. According to our analysis of all the public data, 3, Marshbrook Drive, Manchester is the 25th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £100k less expensive than the average property in M9.
3, Marshbrook Drive, Manchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Aug 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 3, Marshbrook Drive, Manchester is Moston station which is 3.2 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 3, Marshbrook Drive, Manchester, 58.0% of property is privately owned with a mortgage and 32.1% is privately rented.
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, Marshbrook Drive, Manchester, 34.4% of residents are recorded as possessing school level qualifications and 40.5% 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 3, Marshbrook Drive, Manchester, the average age was 34.8 and the most common age was 7.
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, Marshbrook Drive, 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, Marshbrook Drive, Manchester, there are an average of 1.3 cars per household.
See below for how this compares to North West and the rest of England & Wales.