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According to the public record, 45, Lockton Close, Manchester is a modern leasehold apartment with 904 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 45, Lockton Close, Manchester is £192,935 and the estimated rental value is £1,262 per month.
Lockton Close, Manchester, M1 is located in the borough of Manchester within the M1 postal district.
45, Lockton Close, Manchester has a single entry in the Land Registry from May 2009 and a single entry in the EPC database dated January 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
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 45, Lockton Close, Manchester is in very good condition we estimate a sale value of £202,582 and a rental value of £1,325 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £179,430 and a rental value of £1,174 per month.
Over the last 12 months the sale value of 45 Lockton Close Manchester has decreased by an estimated £4,131 (2.1%) and its rental value has increased by an estimated £21 per month (1.7%), giving an expected gross yield of 7.9%.
45, Lockton Close, Manchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Jan 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 45, Lockton Close, Manchester was last sold on 29th May 2009 for £95,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2009, the market for similar properties has risen 148.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 45, Lockton Close, Manchester within a radius of 410 metres over the last 2 years.
The most recent example is 15, Lockton Close, Manchester, M1 7JG, a leasehold flat which sold for £242,500 on the 25th August 2023.
Read more about house prices in M1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lockton Close, Manchester, M1 has a total of 33 addresses. According to our analysis of all the public data, 45, Lockton Close, Manchester is the 26th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £43k less expensive than the average property in M1.
The closest station to 45, Lockton Close, Manchester is Manchester Piccadilly station which is 400 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 45, Lockton Close, Manchester, 43.1% of property is socially rented and 25.0% is privately rented.
The graph below shows how this compares to North West 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 45, Lockton Close, Manchester, 33.9% of residents are recorded as possessing school level qualifications and 36.4% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 45, Lockton Close, Manchester, the average age was 31.1 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 45, Lockton Close, 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 45, Lockton Close, 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.