According to the public record, Flat 6, The Portland 1, Manchester is a modern leasehold apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in The Portland, Whiteoak Road, Manchester, M14.
Whiteoak Road, Manchester, M14 is located in the borough of Manchester within the M14 postal district.
Flat 6, The Portland 1, Manchester has 41 entries in the Land Registry database, most recently in October 2020 and a single entry in the EPC database dated June 2020.
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 The Portland 1 Manchester as £189,896 and the rental value as £1,064 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of Flat 6 The Portland 1 Manchester has increased by £9,190 (4.8%) and its rental value has increased by £57 per month (5.4%).
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, The Portland 1, Manchester is in very good condition we estimate a sale value of £199,391 and rental value of £1,117 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £176,604 and a rental value of £990 per month.
If you were able to purchase this property for the estimated value of £189,896, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £933 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, The Portland 1, Manchester was last sold on 23 Oct 2020 for £146,500 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Oct 2020, the market for similar properties has risen 18.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 6, The Portland 1, Manchester within a radius of 370 metres over the last 2 years.
The most recent example is Flat 16, The Alexandra 1, Whiteoak Road, Manchester, M14 6WT, a Leasehold flat which sold for £172,500 in Jan 2024.
Read more about house prices in M14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Whiteoak Road, Manchester, M14 has a total of 106 addresses. According to our analysis of all the public data, Flat 6, The Portland 1, Manchester is the 42nd largest and the 40th most expensive property on the street.
When compared to the postcode district it is £43k less expensive than the average property in M14.
Flat 6, The Portland 1, Manchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Jun 2020.
The property is not connected to mains gas and has single glazed windows. It is heated using an electric boiler and radiators.
The closest station to Flat 6, The Portland 1, Manchester is Mauldeth Road station which is 900 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 6, The Portland 1, Manchester, 77.7% of property is privately rented and 10.7% 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 6, The Portland 1, Manchester, 34.8% of residents are recorded as possessing school level qualifications and 51.2% 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, The Portland 1, Manchester, the average age was 30.1 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 6, The Portland 1, Manchester, 0.0% 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 6, The Portland 1, Manchester, there are an average of 0.5 cars per household.
See below for how this compares to North West and the rest of England & Wales.