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According to the public record, Flat 2, 1, Old Broadway, Manchester is a period leasehold apartment with 495 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 Flat 2, 1, Old Broadway, Manchester is £263,766 and the estimated rental value is £1,220 per month.
The apartment is within 1, Old Broadway, Manchester, M20.
Old Broadway, Manchester, M20 is located in the borough of Manchester within the M20 postal district.
Flat 2, 1, Old Broadway, Manchester has a single entry in the Land Registry from September 2014 and a single entry in the EPC database dated June 2014.
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.
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 2, 1, Old Broadway, Manchester is in very good condition we estimate a sale value of £276,955 and a rental value of £1,281 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £245,303 and a rental value of £1,134 per month.
Over the last 12 months the sale value of Flat 2 1 Old Broadway Manchester has decreased by an estimated £734 (0.3%) and its rental value has increased by an estimated £37 per month (3.0%), giving an expected gross yield of 5.5%.
Flat 2, 1, Old Broadway, Manchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Jun 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 2, 1, Old Broadway, Manchester was last sold on 9th September 2014 for £170,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2014, the market for similar properties has risen 17.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 1, Old Broadway, Manchester within a radius of 490 metres over the last 2 years.
The most recent example is Flat 6, 5, Ballbrook Avenue, Manchester, M20 6AB, a leasehold flat which sold for £275,124 on the 11th December 2023.
Read more about house prices in M20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Old Broadway, Manchester, M20 has a total of 51 addresses. According to our analysis of all the public data, Flat 2, 1, Old Broadway, Manchester is the 48th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £129k less expensive than the average property in M20.
The closest station to Flat 2, 1, Old Broadway, Manchester is Burnage station which is 900 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 Flat 2, 1, Old Broadway, Manchester, 44.5% of property is privately owned outright and 41.4% is privately owned with a mortgage.
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 Flat 2, 1, Old Broadway, Manchester, 17.5% of residents are recorded as possessing school level qualifications and 78.0% 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 Flat 2, 1, Old Broadway, 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 2, 1, Old Broadway, Manchester, 1.6% 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 2, 1, Old Broadway, Manchester, there are an average of 1.4 cars per household.
See below for how this compares to North West and the rest of England & Wales.
