According to the public record, Flat 5, Beech House, Manchester is a mid-century leasehold apartment with 484 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Beech House, The Beeches, Manchester, M20.
The Beeches, Manchester, M20 is located in the borough of Manchester within the M20 postal district.
Flat 5, Beech House, Manchester has 51 entries in the Land Registry database, most recently in October 2022 and a single entry in the EPC database dated July 2018.
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 Beech House Manchester as £178,737 and the rental value as £1,109 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of Flat 5 Beech House Manchester has increased by £11,923 (6.7%) and its rental value has increased by £67 per month (6.0%).
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, Beech House, Manchester is in very good condition we estimate a sale value of £187,674 and rental value of £1,165 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £166,226 and a rental value of £1,032 per month.
If you were able to purchase this property for the estimated value of £178,737, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £878 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, Beech House, Manchester was last sold on 21 Oct 2022 for £180,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Oct 2022, the market for similar properties has risen 7.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Beech House, Manchester within a radius of 510 metres over the last 2 years.
The most recent example is Flat 18, Beech House, The Beeches, Manchester, M20 2AH, a Leasehold flat which sold for £170,000 in Sep 2023.
Read more about house prices in M20.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Beeches, Manchester, M20 has a total of 191 addresses. According to our analysis of all the public data, Flat 5, Beech House, Manchester is the 136th largest and the 157th most expensive property on the street.
When compared to the postcode district it is £207k less expensive than the average property in M20.
Flat 5, Beech House, Manchester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 30 Jul 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 5, Beech House, Manchester is East Didsbury station which is 2.3 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 5, Beech House, Manchester, 61.9% of property is privately rented and 23.0% 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, Beech House, Manchester, 6.0% of residents are recorded as possessing school level qualifications and 75.8% 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, Beech House, Manchester, the average age was 37.5 and the most common age was 27.
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, Beech House, Manchester, 2.2% 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, Beech House, 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.