According to the public record, Apartment 27, Freshfields, Manchester is a mid-century leasehold apartment with 484 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Freshfields, Spindletree Avenue, Manchester, M9.
Spindletree Avenue, Manchester, M9 is located in the borough of Manchester within the M9 postal district.
Apartment 27, Freshfields, Manchester has a single entry in the Land Registry database from July 2007 and a single entry in the EPC database dated April 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 Apartment 27 Freshfields Manchester as £84,676 and the rental value as £619 per month giving an expected gross yield of 8.8%.
Over the last 12 months the sale value of Apartment 27 Freshfields Manchester has increased by £1,371 (1.6%) and its rental value has increased by £12 per month (2.0%).
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 27, Freshfields, Manchester is in very good condition we estimate a sale value of £88,910 and rental value of £650 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £78,749 and a rental value of £576 per month.
If you were able to purchase this property for the estimated value of £84,676, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £416 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 27, Freshfields, Manchester was last sold on 04 Jul 2007 for £82,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2007, the market for similar properties has risen 36.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 27, Freshfields, Manchester within a radius of 570 metres over the last 2 years.
The most recent example is Apartment 59, Freshfields, Spindletree Avenue, Manchester, M9 7HQ, a Leasehold flat which sold for £50,000 in Dec 2022.
Read more about house prices in M9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spindletree Avenue, Manchester, M9 has a total of 90 addresses. According to our analysis of all the public data, Apartment 27, Freshfields, Manchester is the 69th largest and the 69th most expensive property on the street.
When compared to the postcode district it is £102k less expensive than the average property in M9.
Apartment 27, Freshfields, Manchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Apr 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 Apartment 27, Freshfields, Manchester is Moston station which is 1.6 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Apartment 27, Freshfields, Manchester, 50.3% of property is socially rented and 35.9% 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 Apartment 27, Freshfields, Manchester, 9.2% of residents are recorded as possessing school level qualifications and 34.7% 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 27, Freshfields, Manchester, the average age was 37.6 and the most common age was 42.
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 27, Freshfields, Manchester, 0.8% 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 27, Freshfields, Manchester, there are an average of 0.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.