According to the public record, Flat 2, 28, Central Road, Manchester is a period leasehold apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 28, Central Road, Manchester, M20.
Central Road, Manchester, M20 is located in the borough of Manchester within the M20 postal district.
Flat 2, 28, Central Road, Manchester has 3 entries in the Land Registry database, most recently in July 2021 and a single entry in the EPC database dated January 2021.
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 2 28 Central Road Manchester as £249,531 and the rental value as £1,359 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Flat 2 28 Central Road Manchester has increased by £15,581 (6.2%) and its rental value has increased by £77 per month (5.7%).
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 2, 28, Central Road, Manchester is in very good condition we estimate a sale value of £262,008 and rental value of £1,427 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £232,064 and a rental value of £1,264 per month.
If you were able to purchase this property for the estimated value of £249,531, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,226 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 2, 28, Central Road, Manchester was last sold on 16 Jul 2021 for £237,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jul 2021, the market for similar properties has risen 16.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 28, Central Road, Manchester within a radius of 370 metres over the last 2 years.
The most recent example is 25A, Central Road, Manchester, M20 4YE, a Leasehold flat which sold for £222,500 in Jan 2024.
Read more about house prices in M20.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Central Road, Manchester, M20 has a total of 228 addresses. According to our analysis of all the public data, Flat 2, 28, Central Road, Manchester is the 105th largest and the 62nd most expensive property on the street.
When compared to the postcode district it is £136k less expensive than the average property in M20.
Flat 2, 28, Central Road, Manchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Jan 2021.
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 2, 28, Central Road, Manchester is Burnage 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 2, 28, Central Road, Manchester, 68.6% of property is privately rented and 22.0% 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 2, 28, Central Road, Manchester, 39.4% of residents are recorded as possessing school level qualifications and 56.7% 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 2, 28, Central 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 2, 28, Central 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 2, 28, Central Road, Manchester, there are an average of 0.8 cars per household.
See below for how this compares to North West and the rest of England & Wales.