According to the public record, Flat 16, Central 5, Sale is a modern leasehold apartment with 1,259 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Central 5, Wharf Road, Sale, M33.
Wharf Road, Sale, M33 is located in the borough of Trafford within the M33 postal district.
Flat 16, Central 5, Sale has 31 entries in the Land Registry database, most recently in February 2017 and a single entry in the EPC database dated December 2016.
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 16 Central 5 Sale as £320,347 and the rental value as £1,351 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of Flat 16 Central 5 Sale has increased by £24,269 (7.6%) and its rental value has increased by £80 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 16, Central 5, Sale is in very good condition we estimate a sale value of £336,364 and rental value of £1,418 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £297,922 and a rental value of £1,256 per month.
If you were able to purchase this property for the estimated value of £320,347, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,574 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 16, Central 5, Sale was last sold on 27 Feb 2017 for £220,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Feb 2017, the market for similar properties has risen 31.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 16, Central 5, Sale within a radius of 430 metres over the last 2 years.
The most recent example is Apartment 10, 104, Harley Road, Sale, M33 7DP, a Leasehold flat which sold for £285,000 in Sep 2021.
Read more about house prices in M33.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wharf Road, Sale, M33 has a total of 88 addresses. According to our analysis of all the public data, Flat 16, Central 5, Sale is the 3rd largest and the 7th most expensive property on the street.
When compared to the postcode district it is £84k less expensive than the average property in M33.
Flat 16, Central 5, Sale has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Dec 2016.
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 16, Central 5, Sale is Humphrey Park station which is 2.9 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 16, Central 5, Sale, 46.3% of property is privately rented and 22.5% 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 16, Central 5, Sale, 21.6% of residents are recorded as possessing school level qualifications and 57.2% 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 16, Central 5, Sale, the average age was 40.2 and the most common age was 42.
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 16, Central 5, Sale, 0.7% 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 16, Central 5, Sale, 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.