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Apartments of this size in this area normally have 1 bedroom with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 494, Wilmslow Road, Manchester is £167,641 and the estimated rental value is £968 per month.
The apartment is within 494, Wilmslow Road, Manchester, M20.
Wilmslow Road, Manchester, M20 is located in the borough of Manchester within the M20 postal district.
Flat 2, 494, Wilmslow Road, Manchester has 2 entries in the Land Registry , most recently in September 2023 and a single entry in the EPC database dated September 2018.
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, 494, Wilmslow Road, Manchester is in very good condition we estimate a sale value of £176,023 and a rental value of £1,017 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £155,906 and a rental value of £901 per month.
Over the last 12 months the sale value of Flat 2 494 Wilmslow Road Manchester has increased by an estimated £2,722 (1.6%) and its rental value has increased by an estimated £50 per month (5.1%), giving an expected gross yield of 6.9%.
Flat 2, 494, Wilmslow Road, Manchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Sep 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 2, 494, Wilmslow Road, Manchester was last sold on 15th September 2023 for £151,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since September 2023, the market for similar properties has risen 16.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 494, Wilmslow Road, Manchester within a radius of 400 metres over the last 2 years.
The most recent example is Flat 17, 494, Wilmslow Road, Manchester, M20 3BP, a leasehold flat which sold for £160,000 on the 24th May 2023.
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 1288 addresses. According to our analysis of all the public data, Flat 2, 494, Wilmslow Road, Manchester is the 1224th largest and the 1123rd most expensive property on the street.
When compared to the postcode district it is £226k less expensive than the average property in M20.
The closest station to Flat 2, 494, Wilmslow Road, Manchester is Mauldeth Road station which is 1.3 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 494, Wilmslow Road, Manchester, 55.4% of property is privately rented and 22.3% is socially 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 Flat 2, 494, Wilmslow Road, Manchester, 43.8% of residents are recorded as possessing school level qualifications and 41.2% 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, 494, Wilmslow Road, Manchester, the average age was 34.6 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, 494, 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 2, 494, Wilmslow Road, Manchester, there are an average of 0.7 cars per household.
See below for how this compares to North West and the rest of England & Wales.