According to the public record, Flat 5, Drayton Manor, Manchester is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 806 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Drayton Manor, Parrs Wood Road, Manchester, M20.
Parrs Wood Road, Manchester, M20 is located in the borough of Manchester within the M20 postal district.
Flat 5, Drayton Manor, Manchester has a single entry in the Land Registry database from March 2008 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.
•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 Drayton Manor Manchester as £366,573 and the rental value as £1,544 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of Flat 5 Drayton Manor Manchester has increased by £24,323 (6.6%) and its rental value has increased by £97 per month (6.3%).
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, Drayton Manor, Manchester is in very good condition we estimate a sale value of £384,901 and rental value of £1,622 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £340,913 and a rental value of £1,436 per month.
If you were able to purchase this property for the estimated value of £366,573, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,802 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, Drayton Manor, Manchester was last sold on 28 Mar 2008 for £230,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2008, the market for similar properties has risen 53.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Drayton Manor, Manchester within a radius of 810 metres over the last 2 years.
The most recent example is Flat 16, Drayton Manor, Parrs Wood Road, Manchester, M20 5GJ, a Leasehold flat which sold for £335,000 in Jan 2024.
Read more about house prices in M20.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parrs Wood Road, Manchester, M20 has a total of 559 addresses. According to our analysis of all the public data, Flat 5, Drayton Manor, Manchester is the 451st largest and the 244th most expensive property on the street.
When compared to the postcode district it is £19k less expensive than the average property in M20.
The closest station to Flat 5, Drayton Manor, Manchester is East Didsbury station which is 700 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 5, Drayton Manor, Manchester, 37.5% of property is privately owned with a mortgage and 32.8% 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, Drayton Manor, Manchester, 21.2% of residents are recorded as possessing school level qualifications and 53.7% 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, Drayton Manor, 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, Drayton Manor, Manchester, 1.1% 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, Drayton Manor, 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.