According to the public record, Flat 2, 5, York Road, Manchester is a period leasehold apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 5, York Road, Manchester, M21.
York Road, Manchester, M21 is located in the borough of Manchester within the M21 postal district.
Flat 2, 5, York Road, Manchester has 2 entries in the Land Registry database, most recently in July 2020 and a single entry in the EPC database dated October 2015.
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 5 York Road Manchester as £280,576 and the rental value as £1,514 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Flat 2 5 York Road Manchester has increased by £20,489 (7.3%) and its rental value has increased by £103 per month (6.8%).
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, 5, York Road, Manchester is in very good condition we estimate a sale value of £294,605 and rental value of £1,590 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £260,936 and a rental value of £1,408 per month.
If you were able to purchase this property for the estimated value of £280,576, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,379 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, 5, York Road, Manchester was last sold on 24 Jul 2020 for £245,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2020, the market for similar properties has risen 23.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 5, York Road, Manchester within a radius of 390 metres over the last 2 years.
The most recent example is 4 Lyndhurst Court, Whitelow Road, Manchester, M21 9RS, a Leasehold flat which sold for £245,000 in Aug 2023.
Read more about house prices in M21.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
York Road, Manchester, M21 has a total of 64 addresses. According to our analysis of all the public data, Flat 2, 5, York Road, Manchester is the 40th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £137k less expensive than the average property in M21.
Flat 2, 5, York Road, Manchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Oct 2015.
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, 5, York Road, Manchester is Manchester United Football Ground station which is 2.4 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 5, York Road, Manchester, 49.2% of property is privately rented and 30.5% 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 2, 5, York Road, Manchester, 12.2% of residents are recorded as possessing school level qualifications and 65.8% 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, 5, York Road, Manchester, the average age was 38.5 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 2, 5, York 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, 5, York 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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.