Apartment 511, 6
Apartment 511, 6
Description & Estimates
Apartment 511, 6, Oldham Road, Manchester is recorded publicly as a modern leasehold apartment across 505 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Apartment 511, 6, Oldham Road, Manchester is £132,911 and its rental estimate is £879 per month, given the available information and assuming reasonable condition.
6, Oldham Road is a residential building on Oldham Road, Manchester, M4 and falls within the M4 postal district and the borough of Manchester.
Our Data Sources
Apartment 511, 6, Oldham Road, Manchester has a single entry in the Land Registry from July 2022 and a single entry in the EPC database dated August 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Apartment 511, 6, Oldham Road, Manchester, we estimate a market value of £139,556 and a rental value of £923 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £123,607 and £818 per month respectively.
Recent Market Change
Over the last year, Apartment 511, 6, Oldham Road, Manchester has seen its estimated sale value decline by £3,748 (2.8%) and its estimated rental value climb by £16 per month (1.8%). This results in an estimated gross rental yield of 7.9%.
Energy Efficiency
Apartment 511, 6, Oldham Road, Manchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Aug 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of Apartment 511, 6, Oldham Road, Manchester completed on 12th July 2022 at £120,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 18.0% over the period since July 2022.
- Sold Jul 2022£120,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Apartment 511, 6, Oldham Road, Manchester have sold within a radius of 230 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th November 2022, was Apartment 8, 99, Oldham Street, Manchester, M4 1BA, a leasehold flat which sold for £145,000.
Read more about house prices in M4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 399 addresses on Oldham Road, Manchester, M4, Apartment 511, 6, Oldham Road, Manchester comes out as the 354th largest and the 396th most expensive in our analysis of the public data.
It is also £88k less expensive than the average property across the M4 district.
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Schools Nearby
- 500mCo-op Academy New Islington
- 700mSt Patrick's RC Primary School, a Voluntary Academy
- 700mAbbott Community Primary School
- 1.3kmEden Boys' Leadership Academy, Manchester
- 1.5kmEden Girls' Leadership Academy, Manchester
- 2.2kmManchester Communication Academy
More reading links
Public Transport Nearby
From Apartment 511, 6, Oldham Road, Manchester, the nearest station is Manchester Victoria, 800 metres away.
- 800mManchester Victoria
- 900mManchester Piccadilly
- 1.4kmManchester Oxford Road
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
