According to the public record, Flat 53, The Sorting House 83, Manchester is a modern apartment with 957 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in The Sorting House, Newton Street, Manchester, M1.
Newton Street, Manchester, M1 is located in the borough of Manchester within the M1 postal district.
Flat 53, The Sorting House 83, Manchester has no recent1 records in the Land Registry database and a single entry in the EPC database dated August 2022.
We combine this information with public data 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 53 The Sorting House 83 Manchester as £298,631 and the rental value as £1,656 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of Flat 53 The Sorting House 83 Manchester has increased by £12,562 (4.2%) and its rental value has increased by £16 per month (0.9%).
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 53, The Sorting House 83, Manchester is in very good condition we estimate a sale value of £313,563 and rental value of £1,739 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £277,727 and a rental value of £1,540 per month.
If you were able to purchase this property for the estimated value of £298,631, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,468 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 53, The Sorting House 83, Manchester was last sold on 03 Jun 2005 for £169,600 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 53, The Sorting House 83, Manchester within a radius of 190 metres over the last 2 years.
The most recent example is Flat 20, The Sorting House 83, Newton Street, Manchester, M1 1EP, a Leasehold flat which sold for £310,000 in Nov 2022.
Read more about house prices in M1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newton Street, Manchester, M1 has a total of 642 addresses. According to our analysis of all the public data, Flat 53, The Sorting House 83, Manchester is the 82nd largest and the 62nd most expensive property on the street.
When compared to the postcode district it is £41k more expensive than the average property in M1.
Flat 53, The Sorting House 83, Manchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Aug 2022.
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 53, The Sorting House 83, Manchester is Manchester Piccadilly station which is 700 metres 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 53, The Sorting House 83, Manchester, 53.5% of property is privately rented and 34.3% 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 53, The Sorting House 83, Manchester, 9.7% of residents are recorded as possessing school level qualifications and 76.3% 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 53, The Sorting House 83, Manchester, the average age was 30.3 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 53, The Sorting House 83, Manchester, 0.6% 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 53, The Sorting House 83, Manchester, there are an average of 0.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.