According to the public record, 35, Parsons Way, Manchester is a modern leasehold apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Parsons Way, Manchester, M9 is located in the borough of Manchester within the M9 postal district.
35, Parsons Way, Manchester has 2 entries in the Land Registry database, most recently in March 2008 and a single entry in the EPC database dated May 2019.
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 35 Parsons Way Manchester as £94,006 and the rental value as £651 per month giving an expected gross yield of 8.3%.
Over the last 12 months the sale value of 35 Parsons Way Manchester has increased by £897 (1.0%) and its rental value has increased by £5 per month (0.8%).
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 35, Parsons Way, Manchester is in very good condition we estimate a sale value of £98,706 and rental value of £684 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £87,425 and a rental value of £606 per month.
If you were able to purchase this property for the estimated value of £94,006, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £462 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, 35, Parsons Way, Manchester was last sold on 14 Mar 2008 for £109,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2008, the market for similar properties has risen 41.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 35, Parsons Way, Manchester within a radius of 420 metres over the last 2 years.
The most recent example is 15, Parsons Way, Manchester, M9 4PY, a Leasehold flat which sold for £79,500 in Jul 2022.
Read more about house prices in M9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parsons Way, Manchester, M9 has a total of 17 addresses. According to our analysis of all the public data, 35, Parsons Way, Manchester is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £93k less expensive than the average property in M9.
35, Parsons Way, Manchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 May 2019.
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 35, Parsons Way, Manchester is Moston station which is 2.6 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 35, Parsons Way, Manchester, 39.6% of property is privately rented and 20.1% is socially 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 35, Parsons Way, Manchester, 38.0% of residents are recorded as possessing school level qualifications and 30.2% 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 35, Parsons Way, Manchester, the average age was 32.6 and the most common age was 12.
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 35, Parsons Way, 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 35, Parsons Way, 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.