According to the public record, 44, Thomas Telford Basin, Manchester is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 746 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Thomas Telford Basin, Manchester, M1 is located in the borough of Manchester within the M1 postal district.
44, Thomas Telford Basin, Manchester has a single entry in the Land Registry database from August 2013 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 44 Thomas Telford Basin Manchester as £258,140 and the rental value as £1,493 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 44 Thomas Telford Basin Manchester has increased by £12,857 (5.0%) and its rental value has increased by £23 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 44, Thomas Telford Basin, Manchester is in very good condition we estimate a sale value of £271,047 and rental value of £1,568 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £240,070 and a rental value of £1,389 per month.
If you were able to purchase this property for the estimated value of £258,140, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,269 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, 44, Thomas Telford Basin, Manchester was last sold on 09 Aug 2013 for £150,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2013, the market for similar properties has risen 62.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 44, Thomas Telford Basin, Manchester within a radius of 300 metres over the last 2 years.
The most recent example is Apartment 40, 39, Chapeltown Street, Manchester, M1 2AU, a Leasehold flat which sold for £240,000 in Nov 2023.
Read more about house prices in M1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Thomas Telford Basin, Manchester, M1 has a total of 64 addresses. According to our analysis of all the public data, 44, Thomas Telford Basin, Manchester is the 22nd largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £506 more expensive than the average property in M1.
The closest station to 44, Thomas Telford Basin, Manchester is Manchester Piccadilly station which is 300 metres 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 44, Thomas Telford Basin, Manchester, 57.6% of property is privately rented and 22.9% 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 44, Thomas Telford Basin, Manchester, 10.0% of residents are recorded as possessing school level qualifications and 76.4% 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 44, Thomas Telford Basin, Manchester, the average age was 30.3 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 44, Thomas Telford Basin, 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 44, Thomas Telford Basin, Manchester, there are an average of 0.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.