According to the public record, Flat 1, Westwoods 288, Manchester is a modern leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Westwoods, Cheetham Hill Road, Manchester, M8.
Cheetham Hill Road, Manchester, M8 is located in the borough of Manchester within the M8 postal district.
Flat 1, Westwoods 288, Manchester has 21 entries in the Land Registry database, most recently in May 2019 and a single entry in the EPC database dated August 2015.
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 Westwoods 288 Manchester as £89,653 and the rental value as £589 per month giving an expected gross yield of 7.9%.
Over the last 12 months the sale value of Flat 1 Westwoods 288 Manchester has increased by £1,459 (1.6%) and its rental value has decreased by £4 per month (0.7%).
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, Westwoods 288, Manchester is in very good condition we estimate a sale value of £94,135 and rental value of £619 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £83,377 and a rental value of £548 per month.
If you were able to purchase this property for the estimated value of £89,653, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £441 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, Westwoods 288, Manchester was last sold on 17 May 2019 for £72,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2019, the market for similar properties has risen 29.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Westwoods 288, Manchester within a radius of 420 metres over the last 2 years.
The most recent example is Flat 6, Westwoods 288, Cheetham Hill Road, Manchester, M8 0WT, a Leasehold flat which sold for £97,000 in Jul 2023.
Read more about house prices in M8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cheetham Hill Road, Manchester, M8 has a total of 276 addresses. According to our analysis of all the public data, Flat 1, Westwoods 288, Manchester is the 222nd largest and the 237th most expensive property on the street.
When compared to the postcode district it is £139k less expensive than the average property in M8.
Flat 1, Westwoods 288, Manchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Aug 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an electric boiler and radiators.
The closest station to Flat 1, Westwoods 288, Manchester is Manchester Victoria station which is 2.0 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, Westwoods 288, Manchester, 43.0% of property is privately rented and 22.4% 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 Flat 1, Westwoods 288, Manchester, 34.2% of residents are recorded as possessing school level qualifications and 27.3% 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 Flat 1, Westwoods 288, Manchester, the average age was 31.7 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, Westwoods 288, Manchester, 0.5% 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, Westwoods 288, Manchester, there are an average of 0.9 cars per household.
See below for how this compares to North West and the rest of England & Wales.