According to the public record, Apartment 7, 22, Larke Rise, Manchester is a modern leasehold apartment with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in 22, Larke Rise, Manchester, M20.
Larke Rise, Manchester, M20 is located in the borough of Manchester within the M20 postal district.
Apartment 7, 22, Larke Rise, Manchester has a single entry in the Land Registry database from April 2006 and a single entry in the EPC database dated October 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 7 22 Larke Rise Manchester as £261,171 and the rental value as £1,296 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Apartment 7 22 Larke Rise Manchester has increased by £16,390 (6.3%) and its rental value has increased by £73 per month (5.6%).
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 7, 22, Larke Rise, Manchester is in very good condition we estimate a sale value of £274,229 and rental value of £1,361 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £242,889 and a rental value of £1,205 per month.
If you were able to purchase this property for the estimated value of £261,171, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,284 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 7, 22, Larke Rise, Manchester was last sold on 12 Apr 2006 for £199,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 7, 22, Larke Rise, Manchester within a radius of 520 metres over the last 2 years.
The most recent example is Flat 7, Park House 150, Palatine Road, Manchester, M20 2QH, a Leasehold flat which sold for £233,000 in Nov 2023.
Read more about house prices in M20.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Larke Rise, Manchester, M20 has a total of 93 addresses. According to our analysis of all the public data, Apartment 7, 22, Larke Rise, Manchester is the 92nd largest and the 92nd most expensive property on the street.
When compared to the postcode district it is £125k less expensive than the average property in M20.
Apartment 7, 22, Larke Rise, Manchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Oct 2019.
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 7, 22, Larke Rise, Manchester is East Didsbury station which is 1.9 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 7, 22, Larke Rise, Manchester, 48.6% of property is privately rented and 25.2% 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 7, 22, Larke Rise, Manchester, 14.7% of residents are recorded as possessing school level qualifications and 77.3% 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 7, 22, Larke Rise, Manchester, the average age was 37.5 and the most common age was 27.
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 7, 22, Larke Rise, Manchester, 2.0% 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 7, 22, Larke Rise, 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.