According to the public record, Flat 27, Ravenswood 1, Manchester is a mid-century leasehold apartment with 3,250 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Ravenswood, Spath Road, Manchester, M20.
Spath Road, Manchester, M20 is located in the borough of Manchester within the M20 postal district.
Flat 27, Ravenswood 1, Manchester has 2 entries in the Land Registry database, most recently in May 2022 and a single entry in the EPC database dated July 2012.
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 27 Ravenswood 1 Manchester as £718,626 and the rental value as £3,083 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of Flat 27 Ravenswood 1 Manchester has increased by £54,695 (7.6%) and its rental value has increased by £214 per month (6.9%).
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 27, Ravenswood 1, Manchester is in very good condition we estimate a sale value of £754,558 and rental value of £3,237 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £668,323 and a rental value of £2,867 per month.
If you were able to purchase this property for the estimated value of £718,626, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,532 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 27, Ravenswood 1, Manchester was last sold on 19 May 2022 for £940,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2022, the market for similar properties has risen 8.3%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 27, Ravenswood 1, Manchester within a radius of 410 metres over the last 2 years.
The most recent example is Garden Flat, Mayfair Mansions, Mersey Road, Manchester, M20 2PY, a Leasehold flat which sold for £285,000 in Jan 2015.
Read more about house prices in M20.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spath Road, Manchester, M20 has a total of 110 addresses. According to our analysis of all the public data, Flat 27, Ravenswood 1, Manchester is the 2nd largest and the 38th most expensive property on the street.
When compared to the postcode district it is £333k more expensive than the average property in M20.
Flat 27, Ravenswood 1, Manchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Jul 2012.
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 27, Ravenswood 1, Manchester is East Didsbury station which is 2.0 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 27, Ravenswood 1, Manchester, 57.4% of property is privately rented and 21.3% is privately owned outright.
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 27, Ravenswood 1, Manchester, 6.8% of residents are recorded as possessing school level qualifications and 70.0% 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 27, Ravenswood 1, Manchester, the average age was 37.5 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 27, Ravenswood 1, Manchester, 2.0% 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 27, Ravenswood 1, 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.