According to the public record, Apartment 5, 173, Palatine Road, Manchester is a modern leasehold apartment with 1,033 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 173, Palatine Road, Manchester, M20.
Palatine Road, Manchester, M20 is located in the borough of Manchester within the M20 postal district.
Apartment 5, 173, Palatine Road, Manchester has 3 entries in the Land Registry database, most recently in March 2013 and a single entry in the EPC database dated April 2021.
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 5 173 Palatine Road Manchester as £415,282 and the rental value as £1,697 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of Apartment 5 173 Palatine Road Manchester has increased by £34,104 (8.2%) and its rental value has increased by £128 per month (7.6%).
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, 173, Palatine Road, Manchester is in very good condition we estimate a sale value of £436,046 and rental value of £1,782 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £386,212 and a rental value of £1,578 per month.
If you were able to purchase this property for the estimated value of £415,282, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,041 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, 173, Palatine Road, Manchester was last sold on 28 Mar 2013 for £267,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Mar 2013, the market for similar properties has risen 61.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 5, 173, Palatine Road, Manchester within a radius of 400 metres over the last 2 years.
The most recent example is Apartment 15, 1, Larke Rise, Manchester, M20 2UL, a Leasehold flat which sold for £390,000 in Feb 2024.
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 5, 173, Palatine Road, Manchester is the 122nd largest and the 134th most expensive property on the street.
When compared to the postcode district it is £29k more expensive than the average property in M20.
Apartment 5, 173, Palatine Road, Manchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Apr 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Apartment 5, 173, Palatine Road, Manchester is Burnage station which is 1.7 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 Apartment 5, 173, Palatine Road, Manchester, 40.0% of property is privately rented and 38.8% 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 5, 173, Palatine Road, Manchester, 16.1% of residents are recorded as possessing school level qualifications and 65.8% 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, 173, Palatine Road, 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, 173, Palatine Road, Manchester, 3.3% 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, 173, Palatine Road, Manchester, there are an average of 1.2 cars per household.
See below for how this compares to North West and the rest of England & Wales.