According to the public record, 36, Wellbank, Manchester is a mid-century apartment with 644 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 36-56, Wellbank, Prestwich, Manchester, M25.
Wellbank, Prestwich, Manchester, M25 is located in the borough of Bury within the M25 postal district.
36, Wellbank, Manchester has no records in the Land Registry database and a single entry in the EPC database dated August 2011.
We combine this information with public data 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 36 Wellbank Manchester as £142,640 and the rental value as £902 per month giving an expected gross yield of 7.6%.
Over the last 12 months the sale value of 36 Wellbank Manchester has increased by £4,362 (3.1%) and its rental value has increased by £15 per month (1.6%).
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 36, Wellbank, Manchester is in very good condition we estimate a sale value of £149,772 and rental value of £947 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £132,655 and a rental value of £839 per month.
If you were able to purchase this property for the estimated value of £142,640, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £701 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 36, Wellbank, Manchester within a radius of 580 metres over the last 2 years.
The most recent example is Flat 63, Brentwood Court, Lowther Road, Manchester, M25 9PX, a Leasehold flat which sold for £165,000 in Jul 2023.
Read more about house prices in M25.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wellbank, Prestwich, Manchester, M25 has a total of 12 addresses. According to our analysis of all the public data, 36, Wellbank, Manchester is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £162k less expensive than the average property in M25.
36, Wellbank, Manchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Aug 2011.
The property is not connected to mains gas and has fully double glazed windows. It is heated using elecric underfloor heating.
The closest station to 36, Wellbank, Manchester is Clifton (Manchester) 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 36, Wellbank, Manchester, 34.6% of property is privately owned with a mortgage and 33.9% 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 36, Wellbank, Manchester, 11.8% of residents are recorded as possessing school level qualifications and 38.8% 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 36, Wellbank, Manchester, the average age was 40.9 and the most common age was 32.
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 36, Wellbank, Manchester, 0.9% 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 36, Wellbank, Manchester, there are an average of 1.0 cars per household.
See below for how this compares to North West and the rest of England & Wales.