According to the public record, Flat 5, Mayfair Court, Manchester is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 731 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Mayfair Court, Mersey Road, Manchester, M20.
Mersey Road, Manchester, M20 is located in the borough of Manchester within the M20 postal district.
Flat 5, Mayfair Court, Manchester has a single entry in the Land Registry database from March 2006 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 Mayfair Court Manchester as £244,752 and the rental value as £1,280 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 5 Mayfair Court Manchester has increased by £16,327 (6.7%) and its rental value has increased by £77 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, Mayfair Court, Manchester is in very good condition we estimate a sale value of £256,989 and rental value of £1,344 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £227,619 and a rental value of £1,190 per month.
If you were able to purchase this property for the estimated value of £244,752, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,203 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, Mayfair Court, Manchester was last sold on 30 Mar 2006 for £158,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Mayfair Court, Manchester within a radius of 490 metres over the last 2 years.
The most recent example is Flat 103, Langham Court, Mersey Road, Manchester, M20 2QA, a Leasehold flat which sold for £215,000 in Jun 2023.
Read more about house prices in M20.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mersey Road, Manchester, M20 has a total of 183 addresses. According to our analysis of all the public data, Flat 5, Mayfair Court, Manchester is the 73rd largest and the 96th most expensive property on the street.
When compared to the postcode district it is £141k less expensive than the average property in M20.
The closest station to Flat 5, Mayfair Court, Manchester is East Didsbury station which is 2.0 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, Mayfair Court, Manchester, 48.6% of property is privately rented and 25.2% 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, Mayfair Court, Manchester, 14.7% of residents are recorded as possessing school level qualifications and 77.3% 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, Mayfair Court, 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, Mayfair Court, Manchester, 2.0% 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, Mayfair Court, Manchester, there are an average of 1.1 cars per household.
See below for how this compares to North West and the rest of England & Wales.