According to the public record, Flat 7, Stonecroft, Manchester is a modern leasehold apartment with 1,420 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Stonecroft, Parkfield Road South, Manchester, M20.
Parkfield Road South, Manchester, M20 is located in the borough of Manchester within the M20 postal district.
Flat 7, Stonecroft, Manchester has 2 entries in the Land Registry database, most recently in October 2023 and a single entry in the EPC database dated March 2021.
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 7 Stonecroft Manchester as £411,441 and the rental value as £1,879 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of Flat 7 Stonecroft Manchester has increased by £33,789 (8.2%) and its rental value has increased by £142 per month (7.6%).
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 7, Stonecroft, Manchester is in very good condition we estimate a sale value of £432,013 and rental value of £1,973 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £382,640 and a rental value of £1,747 per month.
If you were able to purchase this property for the estimated value of £411,441, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,022 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 7, Stonecroft, Manchester was last sold on 31 Oct 2023 for £380,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Oct 2023, the market for similar properties has risen 8.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, Stonecroft, Manchester within a radius of 430 metres over the last 2 years.
The most recent example is Flat 4, Stonecroft, Parkfield Road South, Manchester, M20 6DA, a Leasehold flat which sold for £440,000 in Jun 2021.
Read more about house prices in M20.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parkfield Road South, Manchester, M20 has a total of 88 addresses. According to our analysis of all the public data, Flat 7, Stonecroft, Manchester is the 31st largest and the 37th most expensive property on the street.
When compared to the postcode district it is £26k more expensive than the average property in M20.
Flat 7, Stonecroft, Manchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Mar 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 7, Stonecroft, Manchester is Burnage station which is 1.6 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 7, Stonecroft, Manchester, 38.7% of property is privately rented and 24.8% 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 7, Stonecroft, Manchester, 12.0% of residents are recorded as possessing school level qualifications and 74.7% 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 7, Stonecroft, 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 7, Stonecroft, Manchester, 1.2% 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 7, Stonecroft, Manchester, there are an average of 1.0 cars per household.
See below for how this compares to North West and the rest of England & Wales.