According to the public record, Flat 5, 395, Wilmslow Road, Manchester is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 880 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 395, Wilmslow Road, Manchester, M20.
Wilmslow Road, Manchester, M20 is located in the borough of Manchester within the M20 postal district.
Flat 5, 395, Wilmslow Road, Manchester has 41 entries in the Land Registry database, most recently in March 2016 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 5 395 Wilmslow Road Manchester as £229,388 and the rental value as £1,273 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of Flat 5 395 Wilmslow Road Manchester has increased by £10,491 (4.6%) and its rental value has increased by £72 per month (5.7%).
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, 395, Wilmslow Road, Manchester is in very good condition we estimate a sale value of £240,858 and rental value of £1,336 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £213,331 and a rental value of £1,184 per month.
If you were able to purchase this property for the estimated value of £229,388, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,127 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, 395, Wilmslow Road, Manchester was last sold on 03 Mar 2016 for £164,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Mar 2016, the market for similar properties has risen 49.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, 395, Wilmslow Road, Manchester within a radius of 370 metres over the last 2 years.
The most recent example is Flat 14, 13, Mauldeth Road, Manchester, M20 4BB, a Leasehold flat which sold for £190,000 in Nov 2020.
Read more about house prices in M20.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wilmslow Road, Manchester, M20 has a total of 1247 addresses. According to our analysis of all the public data, Flat 5, 395, Wilmslow Road, Manchester is the 334th largest and the 836th most expensive property on the street.
When compared to the postcode district it is £156k less expensive than the average property in M20.
The closest station to Flat 5, 395, Wilmslow Road, Manchester is Mauldeth Road station which is 1.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 5, 395, Wilmslow Road, Manchester, 85.5% of property is privately rented and 9.1% 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, 395, Wilmslow Road, Manchester, 64.0% 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 5, 395, Wilmslow Road, Manchester, the average age was 30.1 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, 395, Wilmslow Road, 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 5, 395, Wilmslow Road, 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.