According to the public record, Flat 15, Cumbria Court, Manchester is a mid-century leasehold apartment with 409 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Cumbria Court, Hilton Lane, Prestwich, Manchester, M25.
Hilton Lane, Prestwich, Manchester, M25 is located in the borough of Bury within the M25 postal district.
Flat 15, Cumbria Court, Manchester has 51 entries in the Land Registry database, most recently in October 2021 and a single entry in the EPC database dated November 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 15 Cumbria Court Manchester as £84,988 and the rental value as £626 per month giving an expected gross yield of 8.8%.
Over the last 12 months the sale value of Flat 15 Cumbria Court Manchester has increased by £2,992 (3.5%) and its rental value has increased by £13 per month (2.1%).
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 15, Cumbria Court, Manchester is in very good condition we estimate a sale value of £89,237 and rental value of £657 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £79,038 and a rental value of £582 per month.
If you were able to purchase this property for the estimated value of £84,988, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £418 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 15, Cumbria Court, Manchester was last sold on 22 Oct 2021 for £79,250 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Oct 2021, the market for similar properties has risen 10.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 15, Cumbria Court, Manchester within a radius of 670 metres over the last 2 years.
The most recent example is Flat 12, Carlton Court, Kersal Road, Manchester, M25 9SN, a Leasehold flat which sold for £48,000 in Jul 2009.
Read more about house prices in M25.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hilton Lane, Prestwich, Manchester, M25 has a total of 123 addresses. According to our analysis of all the public data, Flat 15, Cumbria Court, Manchester is the 118th largest and the 123rd most expensive property on the street.
When compared to the postcode district it is £220k less expensive than the average property in M25.
Flat 15, Cumbria Court, Manchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Nov 2018.
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 15, Cumbria Court, Manchester is Clifton (Manchester) station which is 1.7 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 15, Cumbria Court, Manchester, 31.0% of property is privately owned with a mortgage and 29.7% 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 15, Cumbria Court, Manchester, 21.9% of residents are recorded as possessing school level qualifications and 39.3% 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 15, Cumbria Court, Manchester, the average age was 40.5 and the most common age was 37.
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 15, Cumbria Court, 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 15, Cumbria Court, Manchester, there are an average of 1.0 cars per household.
See below for how this compares to North West and the rest of England & Wales.