According to the public record, Flat 5, 1, Old Broadway, Manchester is a period leasehold apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 1, Old Broadway, Manchester, M20.
Old Broadway, Manchester, M20 is located in the borough of Manchester within the M20 postal district.
Flat 5, 1, Old Broadway, Manchester has 3 entries in the Land Registry database, most recently in October 2022 and a single entry in the EPC database dated June 2014.
We combine this information with that 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 5 1 Old Broadway Manchester as £286,589 and the rental value as £1,314 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of Flat 5 1 Old Broadway Manchester has increased by £19,528 (6.8%) and its rental value has increased by £81 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 5, 1, Old Broadway, Manchester is in very good condition we estimate a sale value of £300,918 and rental value of £1,380 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £266,527 and a rental value of £1,222 per month.
If you were able to purchase this property for the estimated value of £286,589, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,408 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 5, 1, Old Broadway, Manchester was last sold on 14 Oct 2022 for £257,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Oct 2022, the market for similar properties has risen 7.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, 1, Old Broadway, Manchester within a radius of 490 metres over the last 2 years.
The most recent example is Apartment 8, 634, Wilmslow Road, Manchester, M20 3QR, a Leasehold flat which sold for £230,000 in Apr 2023.
Read more about house prices in M20.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Old Broadway, Manchester, M20 has a total of 51 addresses. According to our analysis of all the public data, Flat 5, 1, Old Broadway, Manchester is the 46th largest and the 46th most expensive property on the street.
When compared to the postcode district it is £99k less expensive than the average property in M20.
Flat 5, 1, Old Broadway, Manchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Jun 2014.
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 5, 1, Old Broadway, Manchester is Burnage station which is 900 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 5, 1, Old Broadway, Manchester, 44.5% of property is privately owned outright and 41.4% 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 5, 1, Old Broadway, Manchester, 17.5% of residents are recorded as possessing school level qualifications and 78.0% 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 5, 1, Old Broadway, Manchester, the average age was 35 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 5, 1, Old Broadway, Manchester, 1.6% 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 5, 1, Old Broadway, 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.