According to the public record, Flat 8, 120, Palatine Road, Manchester is a period leasehold apartment with 1,097 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in 120, Palatine Road, Manchester, M20.
Palatine Road, Manchester, M20 is located in the borough of Manchester within the M20 postal district.
Flat 8, 120, Palatine Road, Manchester has 41 entries in the Land Registry database, most recently in December 2017 and a single entry in the EPC database dated October 2019.
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 8 120 Palatine Road Manchester as £346,934 and the rental value as £1,637 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of Flat 8 120 Palatine Road Manchester has increased by £25,959 (7.5%) and its rental value has increased by £112 per month (6.8%).
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 8, 120, Palatine Road, Manchester is in very good condition we estimate a sale value of £364,281 and rental value of £1,719 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £322,649 and a rental value of £1,522 per month.
If you were able to purchase this property for the estimated value of £346,934, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,705 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 8, 120, Palatine Road, Manchester was last sold on 01 Dec 2017 for £295,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Dec 2017, the market for similar properties has risen 18.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, 120, Palatine Road, Manchester within a radius of 390 metres over the last 2 years.
The most recent example is Flat 14, The Residence 116-118, Palatine Road, Manchester, M20 3ZA, a Leasehold flat which sold for £335,000 in Oct 2023.
Read more about house prices in M20.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Palatine Road, Manchester, M20 has a total of 863 addresses. According to our analysis of all the public data, Flat 8, 120, Palatine Road, Manchester is the 115th largest and the 172nd most expensive property on the street.
When compared to the postcode district it is £39k less expensive than the average property in M20.
Flat 8, 120, Palatine Road, Manchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Oct 2019.
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 8, 120, Palatine Road, 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 8, 120, Palatine Road, Manchester, 52.5% of property is privately rented and 35.5% 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 8, 120, Palatine Road, Manchester, 13.3% of residents are recorded as possessing school level qualifications and 79.9% 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 8, 120, Palatine Road, Manchester, the average age was 34.1 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 8, 120, Palatine Road, 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 8, 120, Palatine Road, 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.