According to the public record, Flat 37, Carmel Court 14, Manchester is a mid-century leasehold apartment with 344 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Carmel Court, Holland Road, Manchester, M8.
Holland Road, Manchester, M8 is located in the borough of Manchester within the M8 postal district.
Flat 37, Carmel Court 14, Manchester has a single entry in the Land Registry database from September 2015 and a single entry in the EPC database dated November 2023.
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 37 Carmel Court 14 Manchester as £83,026 and the rental value as £543 per month giving an expected gross yield of 7.8%.
Over the last 12 months the sale value of Flat 37 Carmel Court 14 Manchester has increased by £1,182 (1.4%) and its rental value has decreased by £2 per month (0.3%).
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 37, Carmel Court 14, Manchester is in very good condition we estimate a sale value of £87,178 and rental value of £570 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £77,215 and a rental value of £505 per month.
If you were able to purchase this property for the estimated value of £83,026, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £408 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 37, Carmel Court 14, Manchester was last sold on 25 Sep 2015 for £59,995 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2015, the market for similar properties has risen 67.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 37, Carmel Court 14, Manchester within a radius of 460 metres over the last 2 years.
The most recent example is Flat 53, Carmel Court 14, Holland Road, Manchester, M8 4NP, a Leasehold flat which sold for £64,000 in Jul 2024.
Read more about house prices in M8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Holland Road, Manchester, M8 has a total of 210 addresses. According to our analysis of all the public data, Flat 37, Carmel Court 14, Manchester is the 134th largest and the 149th most expensive property on the street.
When compared to the postcode district it is £146k less expensive than the average property in M8.
Flat 37, Carmel Court 14, Manchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Nov 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 37, Carmel Court 14, Manchester is Manchester Victoria station which is 3.6 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 37, Carmel Court 14, Manchester, 56.8% of property is privately rented and 20.3% 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 37, Carmel Court 14, Manchester, 27.1% of residents are recorded as possessing school level qualifications and 42.9% 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 37, Carmel Court 14, Manchester, the average age was 35.1 and the most common age was 7.
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 37, Carmel Court 14, 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 37, Carmel Court 14, Manchester, there are an average of 0.8 cars per household.
See below for how this compares to North West and the rest of England & Wales.