According to the public record, Apartment 12A, The Mayfair 59, Manchester is a modern leasehold apartment with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in The Mayfair, Palatine Road, Manchester, M20.
Palatine Road, Manchester, M20 is located in the borough of Manchester within the M20 postal district.
Apartment 12A, The Mayfair 59, Manchester has 21 entries in the Land Registry database, most recently in August 2019 and a single entry in the EPC database dated October 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Apartment 12A The Mayfair 59 Manchester as £225,865 and the rental value as £1,231 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Apartment 12A The Mayfair 59 Manchester has increased by £15,511 (6.9%) and its rental value has increased by £76 per month (6.2%).
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 Apartment 12A, The Mayfair 59, Manchester is in very good condition we estimate a sale value of £237,158 and rental value of £1,292 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £210,054 and a rental value of £1,145 per month.
If you were able to purchase this property for the estimated value of £225,865, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,110 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, Apartment 12A, The Mayfair 59, Manchester was last sold on 23 Aug 2019 for £186,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2019, the market for similar properties has risen 18.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 12A, The Mayfair 59, Manchester within a radius of 430 metres over the last 2 years.
The most recent example is Apartment 9, 67, Palatine Road, Manchester, M20 3AP, a Leasehold flat which sold for £160,000 in Apr 2021.
Read more about house prices in M20.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Palatine Road, Manchester, M20 has a total of 863 addresses. According to our analysis of all the public data, Apartment 12A, The Mayfair 59, Manchester is the 584th largest and the 643rd most expensive property on the street.
When compared to the postcode district it is £160k less expensive than the average property in M20.
Apartment 12A, The Mayfair 59, Manchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Oct 2018.
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 Apartment 12A, The Mayfair 59, Manchester is Burnage station which is 1.4 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Apartment 12A, The Mayfair 59, Manchester, 69.5% of property is privately rented and 19.3% 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 Apartment 12A, The Mayfair 59, Manchester, 13.3% of residents are recorded as possessing school level qualifications and 74.0% 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 Apartment 12A, The Mayfair 59, Manchester, the average age was 34.6 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 Apartment 12A, The Mayfair 59, 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 Apartment 12A, The Mayfair 59, 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.