According to the public record, Flat 12, 409, Cheetham Hill Road, Manchester is a modern leasehold apartment with 764 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 409, Cheetham Hill Road, Manchester, M8.
Cheetham Hill Road, Manchester, M8 is located in the borough of Manchester within the M8 postal district.
Flat 12, 409, Cheetham Hill Road, Manchester has a single entry in the Land Registry database from March 2020 and a single entry in the EPC database dated June 2019.
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 12 409 Cheetham Hill Road Manchester as £113,090 and the rental value as £669 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of Flat 12 409 Cheetham Hill Road Manchester has increased by £1,840 (1.6%) and its rental value has decreased by £5 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 12, 409, Cheetham Hill Road, Manchester is in very good condition we estimate a sale value of £118,744 and rental value of £702 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £105,173 and a rental value of £622 per month.
If you were able to purchase this property for the estimated value of £113,090, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £556 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 12, 409, Cheetham Hill Road, Manchester was last sold on 02 Mar 2020 for £93,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2020, the market for similar properties has risen 27.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 12, 409, Cheetham Hill Road, Manchester within a radius of 420 metres over the last 2 years.
The most recent example is Flat 5, 42-44, Bignor Street, Manchester, M8 0SE, a Leasehold flat which sold for £99,950 in Jun 2024.
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 12, 409, Cheetham Hill Road, Manchester is the 164th largest and the 178th most expensive property on the street.
When compared to the postcode district it is £116k less expensive than the average property in M8.
Flat 12, 409, Cheetham Hill Road, Manchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Jun 2019.
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 12, 409, Cheetham Hill Road, 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 12, 409, Cheetham Hill Road, 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 12, 409, Cheetham Hill Road, 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 12, 409, Cheetham Hill Road, 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 12, 409, Cheetham Hill Road, 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 12, 409, Cheetham Hill Road, 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.