According to the public record, Flat 25, Redwood House, Manchester is a modern leasehold apartment with 570 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Redwood House, Church Road, Manchester, M22.
Church Road, Manchester, M22 is located in the borough of Manchester within the M22 postal district.
Flat 25, Redwood House, Manchester has 3 entries in the Land Registry database, most recently in July 2024 and a single entry in the EPC database dated June 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 25 Redwood House Manchester as £96,569 and the rental value as £550 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of Flat 25 Redwood House Manchester has increased by £5,361 (5.6%) and its rental value has increased by £26 per month (4.7%).
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 25, Redwood House, Manchester is in very good condition we estimate a sale value of £101,397 and rental value of £578 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £89,809 and a rental value of £512 per month.
If you were able to purchase this property for the estimated value of £96,569, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £475 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 25, Redwood House, Manchester was last sold on 12 Jul 2024 for £89,950 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jul 2024, the market for similar properties has risen 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 25, Redwood House, Manchester within a radius of 480 metres over the last 2 years.
The most recent example is Flat 10, Redwood House, Church Road, Manchester, M22 4NT, a Leasehold flat which sold for £96,000 in Dec 2021.
Read more about house prices in M22.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Church Road, Manchester, M22 has a total of 104 addresses. According to our analysis of all the public data, Flat 25, Redwood House, Manchester is the 75th largest and the 83rd most expensive property on the street.
When compared to the postcode district it is £125k less expensive than the average property in M22.
Flat 25, Redwood House, Manchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Jun 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 25, Redwood House, Manchester is Gatley station which is 2.3 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 25, Redwood House, Manchester, 38.2% of property is privately rented and 29.4% 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 25, Redwood House, Manchester, 3.9% 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 25, Redwood House, Manchester, the average age was 41.1 and the most common age was 32.
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 25, Redwood House, Manchester, 0.4% 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 25, Redwood House, Manchester, there are an average of 0.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.