According to the public record, 470A, Burnage Lane, Manchester is a early-century leasehold apartment with 376 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 470, Burnage Lane, Manchester, M19.
Burnage Lane, Manchester, M19 is located in the borough of Manchester within the M19 postal district.
470A, Burnage Lane, Manchester has a single entry in the Land Registry database from February 2008 and a single entry in the EPC database dated January 2022.
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 470A Burnage Lane Manchester as £220,591 and the rental value as £1,060 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 470A Burnage Lane Manchester has increased by £8,062 (3.7%) and its rental value has increased by £71 per month (6.7%).
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 470A, Burnage Lane, Manchester is in very good condition we estimate a sale value of £231,621 and rental value of £1,113 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £205,150 and a rental value of £986 per month.
If you were able to purchase this property for the estimated value of £220,591, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,084 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, 470A, Burnage Lane, Manchester was last sold on 01 Feb 2008 for £164,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2008, the market for similar properties has risen 56.5%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 540 metres radius of 470A, Burnage Lane, Manchester over the last 2 years.
The most recent example is 482, Burnage Lane, Manchester, M19 1LD, a Leasehold flat which sold for £58,000 in Feb 2019.
Read more about house prices in M19.
Burnage Lane, Manchester, M19 has a total of 706 addresses. According to our analysis of all the public data, 470A, Burnage Lane, Manchester is the 697th largest and the 417th most expensive property on the street.
When compared to the postcode district it is £42k less expensive than the average property in M19.
470A, Burnage Lane, Manchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Jan 2022.
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 470A, Burnage Lane, Manchester is Burnage station which is 900 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 470A, Burnage Lane, Manchester, 37.5% of property is socially rented and 21.7% 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 470A, Burnage Lane, Manchester, 23.4% of residents are recorded as possessing school level qualifications and 30.0% 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 470A, Burnage Lane, Manchester, the average age was 34.4 and the most common age was 12.
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 470A, Burnage Lane, Manchester, 0.6% 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 470A, Burnage Lane, Manchester, there are an average of 0.8 cars per household.
See below for how this compares to North West and the rest of England & Wales.