According to the public record, Flat 9, Melmar Court 36, Manchester is a mid-century leasehold apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Melmar Court, Heaton Road, Manchester, M20.
Heaton Road, Manchester, M20 is located in the borough of Manchester within the M20 postal district.
Flat 9, Melmar Court 36, Manchester has 2 entries in the Land Registry database, most recently in February 2021 and a single entry in the EPC database dated August 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 9 Melmar Court 36 Manchester as £169,350 and the rental value as £1,056 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of Flat 9 Melmar Court 36 Manchester has increased by £9,154 (5.4%) and its rental value has increased by £62 per month (5.8%).
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 9, Melmar Court 36, Manchester is in very good condition we estimate a sale value of £177,818 and rental value of £1,109 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £157,496 and a rental value of £982 per month.
If you were able to purchase this property for the estimated value of £169,350, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £832 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 9, Melmar Court 36, Manchester was last sold on 05 Feb 2021 for £163,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2021, the market for similar properties has risen 15.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 9, Melmar Court 36, Manchester within a radius of 410 metres over the last 2 years.
The most recent example is Flat 19, Brooklyn Court, Wilmslow Road, Manchester, M20 3NB, a Leasehold flat which sold for £127,000 in Dec 2023.
Read more about house prices in M20.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Heaton Road, Manchester, M20 has a total of 169 addresses. According to our analysis of all the public data, Flat 9, Melmar Court 36, Manchester is the 102nd largest and the 157th most expensive property on the street.
When compared to the postcode district it is £217k less expensive than the average property in M20.
Flat 9, Melmar Court 36, Manchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Aug 2020.
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 9, Melmar Court 36, Manchester is Mauldeth Road station which is 1.1 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 9, Melmar Court 36, Manchester, 45.1% of property is privately rented and 24.3% 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 9, Melmar Court 36, Manchester, 45.5% of residents are recorded as possessing school level qualifications and 40.3% 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 9, Melmar Court 36, Manchester, the average age was 35 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 9, Melmar Court 36, Manchester, 1.7% 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 9, Melmar Court 36, Manchester, there are an average of 0.9 cars per household.
See below for how this compares to North West and the rest of England & Wales.