According to the public record, Flat A, 395, Wilmslow Road, Manchester is a period leasehold apartment with 1,205 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
The apartment is in 395, Wilmslow Road, Manchester, M20.
Wilmslow Road, Manchester, M20 is located in the borough of Manchester within the M20 postal district.
Flat A, 395, Wilmslow Road, Manchester has 41 entries in the Land Registry database, most recently in May 2022 and a single entry in the EPC database dated July 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 A 395 Wilmslow Road Manchester as £262,164 and the rental value as £1,447 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of Flat A 395 Wilmslow Road Manchester has increased by £17,823 (6.8%) and its rental value has increased by £114 per month (7.9%).
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 A, 395, Wilmslow Road, Manchester is in very good condition we estimate a sale value of £275,272 and rental value of £1,519 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £243,813 and a rental value of £1,346 per month.
If you were able to purchase this property for the estimated value of £262,164, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,288 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 A, 395, Wilmslow Road, Manchester was last sold on 06 May 2022 for £232,500 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since May 2022, the market for similar properties has risen 11.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat A, 395, Wilmslow Road, Manchester within a radius of 370 metres over the last 2 years.
The most recent example is Flat 13, Beech Court 4, Willow Bank, Manchester, M14 6XN, a Leasehold flat which sold for £205,000 in May 2019.
Read more about house prices in M20.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wilmslow Road, Manchester, M20 has a total of 1247 addresses. According to our analysis of all the public data, Flat A, 395, Wilmslow Road, Manchester is the 152nd largest and the 559th most expensive property on the street.
When compared to the postcode district it is £124k less expensive than the average property in M20.
Flat A, 395, Wilmslow Road, Manchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Jul 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 A, 395, Wilmslow Road, Manchester is Mauldeth Road station which is 1.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat A, 395, Wilmslow Road, Manchester, 85.5% of property is privately rented and 9.1% 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 A, 395, Wilmslow Road, Manchester, 64.0% of residents are recorded as possessing school level qualifications and 40.8% 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 A, 395, Wilmslow Road, 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 A, 395, Wilmslow Road, 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 A, 395, Wilmslow Road, 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.