According to the public record, Apartment 5, 106, School Lane, Manchester is a modern leasehold apartment with 796 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in 106, School Lane, Manchester, M20.
School Lane, Manchester, M20 is located in the borough of Manchester within the M20 postal district.
Apartment 5, 106, School Lane, Manchester has 2 entries in the Land Registry database, most recently in November 2015 and a single entry in the EPC database dated January 2019.
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 5 106 School Lane Manchester as £290,603 and the rental value as £1,424 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Apartment 5 106 School Lane Manchester has increased by £18,402 (6.3%) and its rental value has increased by £88 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 5, 106, School Lane, Manchester is in very good condition we estimate a sale value of £305,133 and rental value of £1,496 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £270,261 and a rental value of £1,325 per month.
If you were able to purchase this property for the estimated value of £290,603, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,428 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 5, 106, School Lane, Manchester was last sold on 17 Nov 2015 for £189,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2015, the market for similar properties has risen 36.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 5, 106, School Lane, Manchester within a radius of 480 metres over the last 2 years.
The most recent example is Flat 12, Tudor House 8, Olive Shapley Avenue, Manchester, M20 6QA, a Leasehold flat which sold for £275,000 in Sep 2023.
Read more about house prices in M20.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
School Lane, Manchester, M20 has a total of 206 addresses. According to our analysis of all the public data, Apartment 5, 106, School Lane, Manchester is the 113th largest and the 138th most expensive property on the street.
When compared to the postcode district it is £95k less expensive than the average property in M20.
Apartment 5, 106, School Lane, Manchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Jan 2019.
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 5, 106, School Lane, Manchester is East Didsbury 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 5, 106, School Lane, Manchester, 34.4% of property is privately owned with a mortgage and 34.4% 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 5, 106, School Lane, Manchester, 17.8% of residents are recorded as possessing school level qualifications and 66.0% 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 5, 106, School Lane, Manchester, the average age was 40 and the most common age was 32.
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 5, 106, School Lane, Manchester, 1.1% 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 5, 106, School Lane, Manchester, there are an average of 1.1 cars per household.
See below for how this compares to North West and the rest of England & Wales.