According to the public record, 63A, Chapelhill Drive, Manchester is a mid-century leasehold apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 63, Chapelhill Drive, Manchester, M9.
Chapelhill Drive, Manchester, M9 is located in the borough of Manchester within the M9 postal district.
63A, Chapelhill Drive, Manchester has a single entry in the Land Registry database from October 2020 and a single entry in the EPC database dated December 2018.
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 63A Chapelhill Drive Manchester as £83,317 and the rental value as £609 per month giving an expected gross yield of 8.8%.
Over the last 12 months the sale value of 63A Chapelhill Drive Manchester has increased by £2,223 (2.7%) and its rental value has increased by £13 per month (2.1%).
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 63A, Chapelhill Drive, Manchester is in very good condition we estimate a sale value of £87,483 and rental value of £639 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £77,485 and a rental value of £566 per month.
If you were able to purchase this property for the estimated value of £83,317, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £409 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, 63A, Chapelhill Drive, Manchester was last sold on 23 Oct 2020 for £60,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2020, the market for similar properties has risen 23.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 63A, Chapelhill Drive, Manchester within a radius of 620 metres over the last 2 years.
The most recent example is 55A, Chapelhill Drive, Manchester, M9 8FJ, a Leasehold flat which sold for £70,000 in Feb 2021.
Read more about house prices in M9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chapelhill Drive, Manchester, M9 has a total of 53 addresses. According to our analysis of all the public data, 63A, Chapelhill Drive, Manchester is the 48th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £104k less expensive than the average property in M9.
63A, Chapelhill Drive, Manchester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 03 Dec 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 63A, Chapelhill Drive, Manchester is Moston station which is 3.6 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 63A, Chapelhill Drive, Manchester, 33.8% of property is privately owned outright and 33.1% 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 63A, Chapelhill Drive, Manchester, 18.8% of residents are recorded as possessing school level qualifications and 20.6% 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 63A, Chapelhill Drive, 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 63A, Chapelhill Drive, 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 63A, Chapelhill Drive, Manchester, there are an average of 0.9 cars per household.
See below for how this compares to North West and the rest of England & Wales.