Flat 4, 40A
Flat 4, 40A
Description & Estimates
Flat 4, 40A, Demesne Road, Manchester appears in the public record as a leasehold apartment.
We estimate it to be a modern apartment with 635 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 4, 40A, Demesne Road, Manchester is £189,382 and its rental estimate is £1,208 per month, given the available information and assuming reasonable condition.
40A, 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, 40A, Demesne Road, Manchester has a single entry in the Land Registry from March 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 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 4, 40A, Demesne Road, Manchester, we estimate a market value of £198,852 and a rental value of £1,269 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £176,126 and £1,124 per month respectively.
Recent Market Change
Over the last year, Flat 4, 40A, Demesne Road, Manchester has seen its estimated sale value move down by £1,919 (1.0%) and its estimated rental value increase by £43 per month (3.6%). This results in an estimated gross rental yield of 7.7%.
Sold Prices
The most recent sale of Flat 4, 40A, Demesne Road, Manchester completed on 2nd March 2007 at £118,500 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 26.6% over the period since March 2007.
- Sold Mar 2007£118,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 4, 40A, Demesne Road, Manchester have sold within a radius of 460 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th October 2024, was Flat 22, 48-50, Alexandra Road South, Manchester, M16 8JA, a leasehold flat which sold for £185,000.
Read more about house prices in M16.
- Sold Oct 2024£185,000 | 2 Bed Flat48-50, Alexandra Road SouthFlat 22, 48-50, Alexandra Road South, Manchester, M16 8JA
- Sold Aug 2024£120,000 | 2 Bed Flat44, Alexandra Road SouthFlat 2, 44, Alexandra Road South, Manchester, M16 8JA
- Sold Jan 2024£166,000 | 2 Bed Flat48-50, Alexandra Road SouthFlat 16, 48-50, Alexandra Road South, Manchester, M16 8JA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 249 addresses on Demesne Road, Manchester, M16, Flat 4, 40A, Demesne Road, Manchester comes out as the 83rd largest and the 63rd most expensive in our analysis of the public data.
It is also £95k less expensive than the average property across the M16 district.
More reading links
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
More reading links
Public Transport Nearby
From Flat 4, 40A, 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 very low, based on Environment Agency data.
