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In this area, apartments of this size normally have 2 bedrooms with a balcony.
Flat 3, Loom Building 1, Manchester has an estimated sale value of £172,403 and an estimated rental value of £1,005 per month, assuming reasonable condition and based on the information available.
The apartment sits within Loom Building, Harrison Street, Manchester, M4.
Harrison Street, Manchester, M4 lies in the borough of Manchester, within the M4 postal district.
Flat 3, Loom Building 1, Manchester has a single entry in the Land Registry from May 2020 and a single entry in the EPC database dated December 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
In very good condition, we estimate Flat 3, Loom Building 1, Manchester would be worth £181,023, with a potential rental value of £1,055 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £160,334, with a rental value of £934 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 3, Loom Building 1, Manchester has dropped by £4,861 (2.8%) over the last year. During the same period, its estimated monthly rental value has risen by £18 (1.8%). The property's estimated gross yield is currently 7.0%.
Flat 3, Loom Building 1, Manchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Dec 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
Flat 3, Loom Building 1, Manchester last changed hands on 1st May 2020, selling for £268,500. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 9.9% since May 2020.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 200 metres of Flat 3, Loom Building 1, Manchester across the last 2 years.
Most recently, Flat 42, Loom Building 1, Harrison Street, Manchester, M4 7BF, a leasehold flat, sold at £285,000 on the 17th July 2020.
Read more about house prices in M4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 3, Loom Building 1, Manchester as the 35th largest and the 99th most expensive of the 101 addresses on Harrison Street, Manchester, M4.
Against the M4 postcode district average, it is £49k less expensive than the typical property.
Manchester Piccadilly station is the nearest stop to Flat 3, Loom Building 1, Manchester at 800 metres away.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 3, Loom Building 1, Manchester, % of property is and % is .
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, Loom Building 1, Manchester, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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, Loom Building 1, 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 3, Loom Building 1, Manchester, there are an average of 0.0 cars per household.
See below for how this compares to North West and the rest of England & Wales.