Flat 2, 27A
Flat 2, 27A
Description & Estimates
Flat 2, 27A, Edge Lane, Manchester is recorded publicly as a modern leasehold apartment across 699 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 2, 27A, Edge Lane, Manchester is £219,588 and its rental estimate is £1,180 per month, given the available information and assuming reasonable condition.
27A, Edge Lane is a residential building on Edge Lane, Manchester, M21 and falls within the M21 postal district and the borough of Manchester.
Our Data Sources
Flat 2, 27A, Edge Lane, Manchester has a single entry in the Land Registry from March 2021 and a single entry in the EPC database dated September 2016.
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 Flat 2, 27A, Edge Lane, Manchester, we estimate a market value of £230,568 and a rental value of £1,239 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £204,217 and £1,097 per month respectively.
Recent Market Change
Over the last year, Flat 2, 27A, Edge Lane, Manchester has seen its estimated sale value fall by £1,976 (0.9%) and its estimated rental value move up by £20 per month (1.7%). This results in an estimated gross rental yield of 6.4%.
Energy Efficiency
Flat 2, 27A, Edge Lane, Manchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Sep 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 2, 27A, Edge Lane, Manchester completed on 2nd March 2021 at £192,500 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 risen by 130.5% over the period since March 2021.
- Sold Mar 2021£192,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 2, 27A, Edge Lane, Manchester have sold within a radius of 470 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th March 2022, was Flat 1, 27A, Edge Lane, Manchester, M21 9JH, a leasehold flat which sold for £200,000.
Read more about house prices in M21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 318 addresses on Edge Lane, Manchester, M21, Flat 2, 27A, Edge Lane, Manchester comes out as the 75th largest and the 85th most expensive in our analysis of the public data.
It is also £191k less expensive than the average property across the M21 district.
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Schools Nearby
- 300mChorlton CofE Primary School
- 600mOswald Road Primary School
- 600mSt John's RC Primary School
- 800mStretford Grammar School
- 1.6kmChorlton High School
- 1.8kmStretford High School
More reading links
Public Transport Nearby
From Flat 2, 27A, Edge Lane, Manchester, the nearest station is Trafford Park, 2.2 kilometres away.
- 2.2kmTrafford Park
- 2.3kmManchester United Football Ground
- 2.9kmHumphrey Park
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
