According to the public record, 8, Boland Drive, Manchester is a modern leasehold apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Boland Drive, Manchester, M14 is located in the borough of Manchester within the M14 postal district.
8, Boland Drive, Manchester has 2 entries in the Land Registry database, most recently in April 2014 and a single entry in the EPC database dated September 2020.
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 8 Boland Drive Manchester as £99,851 and the rental value as £657 per month giving an expected gross yield of 7.9%.
Over the last 12 months the sale value of 8 Boland Drive Manchester has increased by £4,772 (4.8%) and its rental value has increased by £32 per month (4.9%).
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 8, Boland Drive, Manchester is in very good condition we estimate a sale value of £104,843 and rental value of £690 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £92,861 and a rental value of £611 per month.
If you were able to purchase this property for the estimated value of £99,851, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £491 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, 8, Boland Drive, Manchester was last sold on 30 Apr 2014 for £60,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2014, the market for similar properties has risen 69.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Boland Drive, Manchester within a radius of 340 metres over the last 2 years.
The most recent example is 10, Boland Drive, Manchester, M14 6DS, a Leasehold flat which sold for £90,000 in Apr 2023.
Read more about house prices in M14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Boland Drive, Manchester, M14 has a total of 19 addresses. According to our analysis of all the public data, 8, Boland Drive, Manchester is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £133k less expensive than the average property in M14.
8, Boland Drive, Manchester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 07 Sep 2020.
The property is not connected to mains gas and has partial secondary glazing. It is heated using Room heaters, electric.
The closest station to 8, Boland Drive, Manchester is Mauldeth Road station which is 1.1 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Boland Drive, Manchester, 58.0% of property is privately owned with a mortgage and 32.1% 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 8, Boland Drive, Manchester, 34.4% of residents are recorded as possessing school level qualifications and 40.5% 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 8, Boland Drive, Manchester, the average age was 25.9 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 8, Boland Drive, 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 8, Boland Drive, Manchester, there are an average of 1.3 cars per household.
See below for how this compares to North West and the rest of England & Wales.