According to the public record, Flat 6, Melville Court 6, 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 Melville Court, Evans Close, Manchester, M20.
Evans Close, Manchester, M20 is located in the borough of Manchester within the M20 postal district.
Flat 6, Melville Court 6, Manchester has a single entry in the Land Registry database from November 2022 and a single entry in the EPC database dated March 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 6 Melville Court 6 Manchester as £191,629 and the rental value as £1,136 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of Flat 6 Melville Court 6 Manchester has increased by £13,075 (6.8%) and its rental value has increased by £72 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 6, Melville Court 6, Manchester is in very good condition we estimate a sale value of £201,210 and rental value of £1,193 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £178,215 and a rental value of £1,057 per month.
If you were able to purchase this property for the estimated value of £191,629, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £942 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 6, Melville Court 6, Manchester was last sold on 23 Nov 2022 for £187,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2022, the market for similar properties has risen 8.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 6, Melville Court 6, Manchester within a radius of 470 metres over the last 2 years.
The most recent example is Flat 4, Melville Court 6, Evans Close, Manchester, M20 2SQ, a Leasehold flat which sold for £172,000 in May 2023.
Read more about house prices in M20.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Evans Close, Manchester, M20 has a total of 35 addresses. According to our analysis of all the public data, Flat 6, Melville Court 6, Manchester is the 34th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £194k less expensive than the average property in M20.
Flat 6, Melville Court 6, Manchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Mar 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 6, Melville Court 6, Manchester is East Didsbury station which is 1.1 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 6, Melville Court 6, Manchester, 29.6% of property is privately owned outright and 27.0% 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 6, Melville Court 6, Manchester, 12.2% of residents are recorded as possessing school level qualifications and 58.3% 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 6, Melville Court 6, Manchester, the average age was 40 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 6, Melville Court 6, Manchester, 2.1% 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 6, Melville Court 6, Manchester, there are an average of 0.8 cars per household.
See below for how this compares to North West and the rest of England & Wales.