According to the public record, 6, Farncombe Close, Manchester is a mid-century apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Farncombe Close, Manchester, M23 is located in the borough of Manchester within the M23 postal district.
6, Farncombe Close, Manchester has no records in the Land Registry database and a single entry in the EPC database dated December 2016.
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 6 Farncombe Close Manchester as £150,672 and the rental value as £799 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 6 Farncombe Close Manchester has increased by £6,662 (4.4%) and its rental value has increased by £20 per month (2.6%).
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 6, Farncombe Close, Manchester is in very good condition we estimate a sale value of £158,206 and rental value of £839 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £140,125 and a rental value of £743 per month.
If you were able to purchase this property for the estimated value of £150,672, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £741 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 6, Farncombe Close, Manchester within a radius of 490 metres over the last 2 years.
The most recent example is 40, Farncombe Close, Manchester, M23 9FS, a Leasehold flat which sold for £125,000 in Nov 2022.
Read more about house prices in M23.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Farncombe Close, Manchester, M23 has a total of 24 addresses. According to our analysis of all the public data, 6, Farncombe Close, Manchester is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £85k less expensive than the average property in M23.
6, Farncombe Close, Manchester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 02 Dec 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an electric boiler and radiators.
The closest station to 6, Farncombe Close, Manchester is Navigation Road station which is 2.5 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 6, Farncombe Close, Manchester, 63.9% of property is socially rented and 20.0% 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 6, Farncombe Close, Manchester, 13.3% of residents are recorded as possessing school level qualifications and 20.0% 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 6, Farncombe Close, Manchester, the average age was 40.3 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 6, Farncombe Close, Manchester, 1.0% 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 6, Farncombe Close, 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.