According to the public record, Flat 5, 43-45, Heaton Road, Manchester is a mid-century leasehold apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 43-45, Heaton Road, Manchester, M20.
Heaton Road, Manchester, M20 is located in the borough of Manchester within the M20 postal district.
Flat 5, 43-45, Heaton Road, Manchester has 51 entries in the Land Registry database, most recently in June 2013 and a single entry in the EPC database dated July 2014.
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 5 43-45 Heaton Road Manchester as £193,189 and the rental value as £1,164 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of Flat 5 43-45 Heaton Road Manchester has increased by £10,442 (5.4%) and its rental value has increased by £68 per month (5.8%).
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, 43-45, Heaton Road, Manchester is in very good condition we estimate a sale value of £202,849 and rental value of £1,222 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £179,666 and a rental value of £1,082 per month.
If you were able to purchase this property for the estimated value of £193,189, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £949 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, 43-45, Heaton Road, Manchester was last sold on 21 Jun 2013 for £124,950 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Jun 2013, the market for similar properties has risen 68.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, 43-45, Heaton Road, Manchester within a radius of 420 metres over the last 2 years.
The most recent example is Flat 1, 43-45, Heaton Road, Manchester, M20 4PU, a Leasehold flat which sold for £190,000 in Apr 2023.
Read more about house prices in M20.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Heaton Road, Manchester, M20 has a total of 169 addresses. According to our analysis of all the public data, Flat 5, 43-45, Heaton Road, Manchester is the 95th largest and the 135th most expensive property on the street.
When compared to the postcode district it is £193k less expensive than the average property in M20.
Flat 5, 43-45, Heaton Road, Manchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Jul 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, 43-45, Heaton Road, Manchester is Mauldeth Road station which is 1.1 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 5, 43-45, Heaton Road, Manchester, 45.1% of property is privately rented and 24.3% is socially rented.
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, 43-45, Heaton Road, Manchester, 45.5% of residents are recorded as possessing school level qualifications and 40.3% 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, 43-45, Heaton Road, 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, 43-45, Heaton Road, Manchester, 1.7% 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, 43-45, Heaton Road, Manchester, there are an average of 0.9 cars per household.
See below for how this compares to North West and the rest of England & Wales.