According to the public record, Apartment 7, Freshfields, Manchester is a mid-century leasehold apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 3 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 7, Freshfields, Manchester has 2 entries in the Land Registry database, most recently in June 2022 and a single entry in the EPC database dated November 2020.
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 Freshfields Manchester as £101,599 and the rental value as £719 per month giving an expected gross yield of 8.5%.
Over the last 12 months the sale value of Apartment 7 Freshfields Manchester has increased by £1,202 (1.2%) and its rental value has increased by £11 per month (1.5%).
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, Freshfields, Manchester is in very good condition we estimate a sale value of £106,679 and rental value of £755 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £94,487 and a rental value of £669 per month.
If you were able to purchase this property for the estimated value of £101,599, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £499 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, Freshfields, Manchester was last sold on 27 Jun 2022 for £50,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2022, the market for similar properties has risen 3.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 7, Freshfields, Manchester within a radius of 570 metres over the last 2 years.
The most recent example is Apartment 69, Freshfields, Spindletree Avenue, Manchester, M9 7HQ, a Leasehold flat which sold for £64,000 in Jan 2024.
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 7, Freshfields, Manchester is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £85k less expensive than the average property in M9.
Apartment 7, Freshfields, Manchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Nov 2020.
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 7, Freshfields, Manchester is Moston station which is 1.6 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, 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 7, 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 7, 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 7, 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 7, 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.