According to the public record, Flat 11, 494, Wilmslow Road, Manchester is a modern leasehold apartment with 398 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 494, Wilmslow Road, Manchester, M20.
Wilmslow Road, Manchester, M20 is located in the borough of Manchester within the M20 postal district.
Flat 11, 494, Wilmslow Road, Manchester has a single entry in the Land Registry database from October 2018 and a single entry in the EPC database dated September 2018.
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 11 494 Wilmslow Road Manchester as £169,045 and the rental value as £1,018 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of Flat 11 494 Wilmslow Road Manchester has increased by £7,552 (4.5%) and its rental value has increased by £43 per month (4.2%).
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 11, 494, Wilmslow Road, Manchester is in very good condition we estimate a sale value of £177,498 and rental value of £1,068 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £157,212 and a rental value of £946 per month.
If you were able to purchase this property for the estimated value of £169,045, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £831 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 11, 494, Wilmslow Road, Manchester was last sold on 02 Oct 2018 for £150,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2018, the market for similar properties has risen 23.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 11, 494, Wilmslow Road, Manchester within a radius of 400 metres over the last 2 years.
The most recent example is Flat 2, 494, Wilmslow Road, Manchester, M20 3BP, a Leasehold flat which sold for £151,500 in Sep 2023.
Read more about house prices in M20.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wilmslow Road, Manchester, M20 has a total of 1247 addresses. According to our analysis of all the public data, Flat 11, 494, Wilmslow Road, Manchester is the 1188th largest and the 1068th most expensive property on the street.
When compared to the postcode district it is £217k less expensive than the average property in M20.
Flat 11, 494, Wilmslow Road, Manchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Sep 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
The closest station to Flat 11, 494, Wilmslow Road, Manchester is Mauldeth Road station which is 1.3 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 11, 494, Wilmslow Road, Manchester, 55.4% of property is privately rented and 22.3% is socially 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 11, 494, Wilmslow Road, Manchester, 43.8% of residents are recorded as possessing school level qualifications and 41.2% 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 11, 494, Wilmslow Road, Manchester, the average age was 34.6 and the most common age was 22.
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 11, 494, Wilmslow Road, Manchester, 0.0% 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 Flat 11, 494, Wilmslow Road, Manchester, there are an average of 0.7 cars per household.
See below for how this compares to North West and the rest of England & Wales.