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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Flat 3, 2, Alders Road, Manchester is recorded publicly as a modern leasehold apartment across 613 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 3, 2, Alders Road, Manchester is £227,675 and its rental estimate is £1,242 per month, given the available information and assuming reasonable condition.
2, Alders Road is a residential building on Alders Road, Manchester, M22 and falls within the M22 postal district and the borough of Manchester.
Flat 3, 2, Alders Road, Manchester has a single entry in the Land Registry from August 2008 and a single entry in the EPC database dated November 2019.
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.
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 3, 2, Alders Road, Manchester, we estimate a market value of £239,059 and a rental value of £1,304 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £211,738 and £1,155 per month respectively.
Over the last year, Flat 3, 2, Alders Road, Manchester has seen its estimated sale value increase by £2,860 (1.3%) and its estimated rental value grow by £47 per month (3.8%). This results in an estimated gross rental yield of 6.5%.
Flat 3, 2, Alders Road, Manchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Nov 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of Flat 3, 2, Alders Road, Manchester completed on 12th August 2008 at £95,599 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 26.4% over the period since August 2008.
Over the past 2 years 3 properties similar to Flat 3, 2, Alders Road, Manchester have sold within a radius of 540 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st January 2022, was 2A, Alders Road, Manchester, M22 8FG, a leasehold flat which sold for £491,666.
Read more about house prices in M22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 80 addresses on Alders Road, Manchester, M22, Flat 3, 2, Alders Road, Manchester comes out as the 74th largest and the 19th most expensive in our analysis of the public data.
It is also £5k less expensive than the average property across the M22 district.
From Flat 3, 2, Alders Road, Manchester, the nearest station is Gatley, 2.5 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 3, 2, Alders Road, Manchester, 56.4% of property is socially rented and 28.4% 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 Flat 3, 2, Alders Road, Manchester, 29.5% of residents are recorded as possessing school level qualifications and 23.6% 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 3, 2, Alders Road, Manchester, the average age was 33.4 and the most common age was 7.
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 3, 2, Alders Road, Manchester, 0.7% 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 3, 2, Alders Road, 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.
