According to the public record, Apartment 8, The Quadrangle 6, Manchester is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 708 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in The Quadrangle, Albany Road, Manchester, M21.
Albany Road, Manchester, M21 is located in the borough of Manchester within the M21 postal district.
Apartment 8, The Quadrangle 6, Manchester has a single entry in the Land Registry database from April 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Apartment 8 The Quadrangle 6 Manchester as £281,627 and the rental value as £1,521 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Apartment 8 The Quadrangle 6 Manchester has increased by £17,714 (6.3%) and its rental value has increased by £92 per month (6.0%).
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 8, The Quadrangle 6, Manchester is in very good condition we estimate a sale value of £295,708 and rental value of £1,597 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £261,913 and a rental value of £1,415 per month.
If you were able to purchase this property for the estimated value of £281,627, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,384 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 8, The Quadrangle 6, Manchester was last sold on 03 Apr 2007 for £195,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2007, the market for similar properties has risen 52.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 8, The Quadrangle 6, Manchester within a radius of 430 metres over the last 2 years.
The most recent example is Apartment 18, The Quadrangle 6, Albany Road, Manchester, M21 0AW, a Leasehold flat which sold for £265,000 in Mar 2023.
Read more about house prices in M21.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Albany Road, Manchester, M21 has a total of 164 addresses. According to our analysis of all the public data, Apartment 8, The Quadrangle 6, Manchester is the 66th largest and the 53rd most expensive property on the street.
When compared to the postcode district it is £136k less expensive than the average property in M21.
The closest station to Apartment 8, The Quadrangle 6, Manchester is Manchester United Football Ground station which is 2.1 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 8, The Quadrangle 6, Manchester, 50.7% of property is privately rented and 28.3% is privately owned outright.
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 8, The Quadrangle 6, Manchester, 9.3% of residents are recorded as possessing school level qualifications and 75.3% 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 8, The Quadrangle 6, Manchester, the average age was 38.5 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 8, The Quadrangle 6, Manchester, 0.7% 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 8, The Quadrangle 6, Manchester, there are an average of 0.8 cars per household.
See below for how this compares to North West and the rest of England & Wales.