According to the public record, 5, Surrey Road, Manchester is a mid-century leasehold apartment with 925 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Surrey Road, Manchester, M9 is located in the borough of Manchester within the M9 postal district.
5, Surrey Road, Manchester has a single entry in the Land Registry database from March 2007 and a single entry in the EPC database dated May 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 5 Surrey Road Manchester as £37,639 and the rental value as £251 per month giving an expected gross yield of 8%.
Over the last 12 months the sale value of 5 Surrey Road Manchester has increased by £1,117 (3.0%) and its rental value has increased by £6 per month (2.4%).
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 5, Surrey Road, Manchester is in very good condition we estimate a sale value of £39,521 and rental value of £263 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £35,004 and a rental value of £233 per month.
If you were able to purchase this property for the estimated value of £37,639, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £185 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, 5, Surrey Road, Manchester was last sold on 01 Mar 2007 for £20,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2007, the market for similar properties has risen 41.2%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 550 metres radius of 5, Surrey Road, Manchester over the last 2 years.
The most recent example is 9, Surrey Road, Manchester, M9 8AU, a Leasehold flat which sold for £40,000 in Sep 2010.
Read more about house prices in M9.
Surrey Road, Manchester, M9 has a total of 66 addresses. According to our analysis of all the public data, 5, Surrey Road, Manchester is the 18th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £149k less expensive than the average property in M9.
5, Surrey Road, Manchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 May 2021.
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 5, Surrey Road, Manchester is Moston station which is 3.0 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 5, Surrey Road, Manchester, 61.5% of property is socially rented and 21.1% 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 5, Surrey Road, Manchester, 34.0% of residents are recorded as possessing school level qualifications and 19.0% 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 5, Surrey Road, 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 5, Surrey Road, Manchester, 0.4% 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 5, Surrey Road, 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.