According to the public record, Flat 1, 8, Moorfield Road, Manchester is a modern leasehold apartment with 753 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 8, Moorfield Road, Manchester, M20.
Moorfield Road, Manchester, M20 is located in the borough of Manchester within the M20 postal district.
Flat 1, 8, Moorfield Road, Manchester has 61 entries in the Land Registry database, most recently in September 2021 and a single entry in the EPC database dated May 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 Flat 1 8 Moorfield Road Manchester as £375,354 and the rental value as £1,610 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of Flat 1 8 Moorfield Road Manchester has increased by £24,972 (6.7%) and its rental value has increased by £97 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 Flat 1, 8, Moorfield Road, Manchester is in very good condition we estimate a sale value of £394,122 and rental value of £1,691 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £349,079 and a rental value of £1,498 per month.
If you were able to purchase this property for the estimated value of £375,354, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,845 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, Flat 1, 8, Moorfield Road, Manchester was last sold on 24 Sep 2021 for £346,000 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since Sep 2021, the market for similar properties has risen 14.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 8, Moorfield Road, Manchester within a radius of 440 metres over the last 2 years.
The most recent example is Flat 6, 8, Moorfield Road, Manchester, M20 2UY, a Leasehold flat which sold for £347,890 in Jan 2022.
Read more about house prices in M20.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Moorfield Road, Manchester, M20 has a total of 78 addresses. According to our analysis of all the public data, Flat 1, 8, Moorfield Road, Manchester is the 38th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £11k less expensive than the average property in M20.
Flat 1, 8, Moorfield Road, Manchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 May 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 Flat 1, 8, Moorfield Road, Manchester is Burnage station which is 2.2 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 Flat 1, 8, Moorfield Road, Manchester, 41.5% of property is privately owned with a mortgage and 40.6% 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 Flat 1, 8, Moorfield Road, Manchester, 14.9% of residents are recorded as possessing school level qualifications and 82.1% 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 Flat 1, 8, Moorfield Road, Manchester, the average age was 34.1 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 Flat 1, 8, Moorfield Road, Manchester, 1.8% 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 Flat 1, 8, Moorfield Road, 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.