According to the public record, Apartment 2, 113, Newton Street, 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 113, Newton Street, Manchester, M1.
Newton Street, Manchester, M1 is located in the borough of Manchester within the M1 postal district.
Apartment 2, 113, Newton Street, Manchester has 21 entries in the Land Registry database, most recently in April 2007 and a single entry in the EPC database dated December 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 Apartment 2 113 Newton Street Manchester as £237,982 and the rental value as £1,371 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of Apartment 2 113 Newton Street Manchester has increased by £9,969 (4.2%) and its rental value has increased by £13 per month (0.9%).
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 Apartment 2, 113, Newton Street, Manchester is in very good condition we estimate a sale value of £249,881 and rental value of £1,440 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £221,323 and a rental value of £1,275 per month.
If you were able to purchase this property for the estimated value of £237,982, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,170 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 2, 113, Newton Street, Manchester was last sold on 20 Apr 2007 for £133,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2007, the market for similar properties has risen 33.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 2, 113, Newton Street, Manchester within a radius of 170 metres over the last 2 years.
The most recent example is Apartment 8, 113, Newton Street, Manchester, M1 1AE, a Leasehold flat which sold for £185,105 in Jan 2023.
Read more about house prices in M1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newton Street, Manchester, M1 has a total of 642 addresses. According to our analysis of all the public data, Apartment 2, 113, Newton Street, Manchester is the 473rd largest and the 316th most expensive property on the street.
When compared to the postcode district it is £20k less expensive than the average property in M1.
Apartment 2, 113, Newton Street, Manchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Dec 2022.
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 Apartment 2, 113, Newton Street, Manchester is Manchester Piccadilly station which is 800 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 Apartment 2, 113, Newton Street, Manchester, 75.1% of property is privately rented and 13.3% 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 2, 113, Newton Street, Manchester, 9.6% of residents are recorded as possessing school level qualifications and 72.3% 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 2, 113, Newton Street, Manchester, the average age was 30.3 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 2, 113, Newton Street, 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 2, 113, Newton Street, Manchester, there are an average of 0.3 cars per household.
See below for how this compares to North West and the rest of England & Wales.