According to the public record, Flat 3, Gainsborough Court 127, Manchester is a modern apartment with 667 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Gainsborough Court, Lapwing Lane, Manchester, M20.
Lapwing Lane, Manchester, M20 is located in the borough of Manchester within the M20 postal district.
Flat 3, Gainsborough Court 127, Manchester has no records in the Land Registry database and a single entry in the EPC database dated May 2018.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 3 Gainsborough Court 127 Manchester as £258,654 and the rental value as £1,319 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of Flat 3 Gainsborough Court 127 Manchester has increased by £17,763 (6.9%) and its rental value has increased by £82 per month (6.2%).
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 3, Gainsborough Court 127, Manchester is in very good condition we estimate a sale value of £271,587 and rental value of £1,385 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £240,548 and a rental value of £1,227 per month.
If you were able to purchase this property for the estimated value of £258,654, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,271 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Gainsborough Court 127, Manchester within a radius of 460 metres over the last 2 years.
The most recent example is Flat 2, 135, Lapwing Lane, Manchester, M20 6US, a Leasehold flat which sold for £270,000 in Feb 2023.
Read more about house prices in M20.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lapwing Lane, Manchester, M20 has a total of 288 addresses. According to our analysis of all the public data, Flat 3, Gainsborough Court 127, Manchester is the 98th largest and the 87th most expensive property on the street.
When compared to the postcode district it is £127k less expensive than the average property in M20.
Flat 3, Gainsborough Court 127, Manchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 May 2018.
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 3, Gainsborough Court 127, Manchester is Burnage station which is 1.3 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 3, Gainsborough Court 127, Manchester, 71.3% of property is privately rented and 15.6% 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 3, Gainsborough Court 127, Manchester, 14.6% of residents are recorded as possessing school level qualifications and 81.6% 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 3, Gainsborough Court 127, 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 3, Gainsborough Court 127, 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 3, Gainsborough Court 127, 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.