According to the public record, 4, Shapley Court 12, Manchester is a modern leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Shapley Court, School Lane, Manchester, M20.
School Lane, Manchester, M20 is located in the borough of Manchester within the M20 postal district.
4, Shapley Court 12, Manchester has 41 entries in the Land Registry database, most recently in December 2023 and a single entry in the EPC database dated May 2023.
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 4 Shapley Court 12 Manchester as £254,189 and the rental value as £1,265 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 4 Shapley Court 12 Manchester has increased by £17,367 (6.8%) and its rental value has increased by £80 per month (6.3%).
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 4, Shapley Court 12, Manchester is in very good condition we estimate a sale value of £266,898 and rental value of £1,329 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £236,396 and a rental value of £1,177 per month.
If you were able to purchase this property for the estimated value of £254,189, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,249 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, 4, Shapley Court 12, Manchester was last sold on 15 Dec 2023 for £335,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Dec 2023, the market for similar properties has risen 7.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Shapley Court 12, Manchester within a radius of 410 metres over the last 2 years.
The most recent example is Flat 9, Tudor House 8, Olive Shapley Avenue, Manchester, M20 6QA, a Leasehold flat which sold for £186,000 in Jan 2022.
Read more about house prices in M20.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
School Lane, Manchester, M20 has a total of 206 addresses. According to our analysis of all the public data, 4, Shapley Court 12, Manchester is the 206th largest and the 162nd most expensive property on the street.
When compared to the postcode district it is £132k less expensive than the average property in M20.
4, Shapley Court 12, Manchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 May 2023.
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 4, Shapley Court 12, Manchester is East Didsbury station which is 1.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, Shapley Court 12, Manchester, 43.6% of property is privately rented and 30.9% 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 4, Shapley Court 12, Manchester, 7.7% of residents are recorded as possessing school level qualifications and 71.5% 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 4, Shapley Court 12, Manchester, the average age was 40 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 4, Shapley Court 12, Manchester, 0.7% 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 4, Shapley Court 12, 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.