According to the public record, Flat 5, 23, Millgate Lane, Manchester is a modern apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 23, Millgate Lane, Manchester, M20.
Millgate Lane, Manchester, M20 is located in the borough of Manchester within the M20 postal district.
Flat 5, 23, Millgate Lane, Manchester has no records in the Land Registry database and a single entry in the EPC database dated April 2023.
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 5 23 Millgate Lane Manchester as £177,463 and the rental value as £1,084 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of Flat 5 23 Millgate Lane Manchester has increased by £10,488 (5.9%) and its rental value has increased by £64 per month (5.9%).
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 5, 23, Millgate Lane, Manchester is in very good condition we estimate a sale value of £186,336 and rental value of £1,138 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £165,041 and a rental value of £1,008 per month.
If you were able to purchase this property for the estimated value of £177,463, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £872 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 5, 23, Millgate Lane, Manchester within a radius of 640 metres over the last 2 years.
The most recent example is Flat 44, Parrs Wood Court 880, Wilmslow Road, Manchester, M20 5NG, a Leasehold flat which sold for £168,000 in Feb 2024.
Read more about house prices in M20.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Millgate Lane, Manchester, M20 has a total of 52 addresses. According to our analysis of all the public data, Flat 5, 23, Millgate Lane, Manchester is the 23rd largest and the 27th most expensive property on the street.
When compared to the postcode district it is £208k less expensive than the average property in M20.
Flat 5, 23, Millgate Lane, Manchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Apr 2023.
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, 23, Millgate Lane, Manchester is East Didsbury station which is 600 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 5, 23, Millgate Lane, Manchester, 36.1% of property is privately owned with a mortgage and 29.9% 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 5, 23, Millgate Lane, Manchester, 18.7% of residents are recorded as possessing school level qualifications and 71.2% 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, 23, Millgate Lane, Manchester, the average age was 39 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 5, 23, Millgate Lane, Manchester, 1.0% 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 5, 23, Millgate Lane, Manchester, there are an average of 1.3 cars per household.
See below for how this compares to North West and the rest of England & Wales.