Flat 4, 40
Flat 4, 40
Description & Estimates
Flat 4, 40, Demesne Road, Manchester is described in the public record as a period apartment with 247 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 4, 40, Demesne Road, Manchester is £93,318 and its rental estimate is £639 per month, given the available information and assuming reasonable condition.
40, Demesne Road is a residential building on Demesne Road, Manchester, M16 and falls within the M16 postal district and the borough of Manchester.
Our Data Sources
Flat 4, 40, Demesne Road, Manchester has no records in the the Land Registry and a single entry in the EPC database dated August 2021.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 4, 40, Demesne Road, Manchester, we estimate a market value of £97,984 and a rental value of £671 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £86,786 and £595 per month respectively.
Recent Market Change
Over the last year, Flat 4, 40, Demesne Road, Manchester has seen its estimated sale value drop by £415 (0.4%) and its estimated rental value rise by £29 per month (4.5%). This results in an estimated gross rental yield of 8.2%.
Energy Efficiency
Flat 4, 40, Demesne Road, Manchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Aug 2021.
The property is not connected to mains gas and has single glazed windows. It is heated using Room heaters, electric.
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 450 metres of Flat 4, 40, Demesne Road, Manchester, per the Land Registry and our network of Estate Agents.
The latest, on the 8th July 2022, was Flat 5, 40A, Demesne Road, Manchester, M16 8HJ, a leasehold flat which sold for £196,500.
Read more about house prices in M16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 249 addresses on Demesne Road, Manchester, M16, Flat 4, 40, Demesne Road, Manchester comes out as the 244th largest and the 249th most expensive in our analysis of the public data.
It is also £191k less expensive than the average property across the M16 district.
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Schools Nearby
- 300mSt Margaret's CofE Primary School
- 900mSt Mary's CofE Junior and Infant School
- 1.0kmOur Lady's RC Primary School Manchester
- 800mWhalley Range 11-18 High School
- 1.3kmCHS South
- 1.5kmChorlton High School
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Public Transport Nearby
From Flat 4, 40, Demesne Road, Manchester, the nearest station is Deansgate, 2.8 kilometres away.
- 2.8kmDeansgate
- 2.9kmManchester United Football Ground
- 2.9kmManchester Oxford Road
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated low, based on Environment Agency data.
