According to the public record, Flat 36, Springbridge Court 113, Manchester is a modern apartment with 579 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Springbridge Court, Springbridge Road, Manchester, M16.
Springbridge Road, Manchester, M16 is located in the borough of Manchester within the M16 postal district.
Flat 36, Springbridge Court 113, Manchester has no records in the Land Registry database and a single entry in the EPC database dated January 2011.
We combine this information with public data 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 36 Springbridge Court 113 Manchester as £161,946 and the rental value as £1,021 per month giving an expected gross yield of 7.6%.
Over the last 12 months the sale value of Flat 36 Springbridge Court 113 Manchester has increased by £8,869 (5.5%) and its rental value has increased by £55 per month (5.4%).
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 36, Springbridge Court 113, Manchester is in very good condition we estimate a sale value of £170,044 and rental value of £1,072 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £150,610 and a rental value of £949 per month.
If you were able to purchase this property for the estimated value of £161,946, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £796 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 36, Springbridge Court 113, Manchester within a radius of 560 metres over the last 2 years.
The most recent example is Apartment 31, Windsor House 252, Mauldeth Road West, Manchester, M21 7TH, a Leasehold flat which sold for £155,000 in Sep 2022.
Read more about house prices in M16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springbridge Road, Manchester, M16 has a total of 121 addresses. According to our analysis of all the public data, Flat 36, Springbridge Court 113, Manchester is the 103rd largest and the 114th most expensive property on the street.
When compared to the postcode district it is £114k less expensive than the average property in M16.
Flat 36, Springbridge Court 113, Manchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 26 Jan 2011.
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 36, Springbridge Court 113, Manchester is Mauldeth Road station which is 2.8 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 36, Springbridge Court 113, Manchester, 35.5% of property is privately rented and 34.8% 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 36, Springbridge Court 113, Manchester, 26.7% of residents are recorded as possessing school level qualifications and 40.8% 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 36, Springbridge Court 113, Manchester, the average age was 35.4 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 36, Springbridge Court 113, Manchester, 0.2% 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 36, Springbridge Court 113, Manchester, there are an average of 1.4 cars per household.
See below for how this compares to North West and the rest of England & Wales.