Flat 42, Loom Building 1
Flat 42, Loom Building 1
Description & Estimates
According to the public record, Flat 42, Loom Building 1, Manchester is a modern apartment with 818 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 42, Loom Building 1, Manchester is £172,403 and the estimated rental value is £1,005 per month.
The apartment is within Loom Building, Harrison Street, Manchester, M4.
Harrison Street, Manchester, M4 is located in the borough of Manchester within the M4 postal district.
Our Data Sources
Flat 42, Loom Building 1, Manchester has no records in the the Land Registry and a single entry in the EPC database dated December 2019.
We combine this information with public data 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.
Price Range & Condition
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 42, Loom Building 1, Manchester is in very good condition we estimate a sale value of £181,023 and a rental value of £1,055 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £160,334 and a rental value of £934 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 42, Loom Building 1, Manchester has dropped by £4,861 (2.8%), while its estimated rental value has risen by £18 per month (1.8%). Based on current estimates, the property offers a gross rental yield of 7.0%.
Energy Efficiency
Flat 42, 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.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 42, Loom Building 1, Manchester within a radius of 200 metres over the last 2 years.
The most recent example is Flat 77, Loom Building 1, Harrison Street, Manchester, M4 7BJ, a leasehold flat which sold for £275,000 on the 3rd July 2020.
Read more about house prices in M4.
- Sold Jul 2020£275,000 | 2 Bed FlatFlat 77, Loom Building 1, Harrison Street, Manchester, M4 7BJFlat 77, Loom Building 1, Harrison Street, Manchester, M4 7BJ
- Sold Jun 2020£283,000 | 2 Bed FlatFlat 14, Loom Building 1, Harrison Street, Manchester, M4 7BFFlat 14, Loom Building 1, Harrison Street, Manchester, M4 7BF
- Sold May 2020£268,500 | 2 Bed FlatFlat 3, Loom Building 1, Harrison Street, Manchester, M4 7BFFlat 3, Loom Building 1, Harrison Street, Manchester, M4 7BF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Harrison Street, Manchester, M4 has a total of 101 addresses. According to our analysis of all the public data, Flat 42, Loom Building 1, Manchester is the 30th largest and the 98th most expensive property on the street.
When compared to the postcode district it is £49k less expensive than the average property in M4.
More reading links
Schools Nearby
- 200mSt Anne's RC Primary School
- 500mCo-op Academy New Islington
- 900mAshbury Meadow Primary School
- 1.6kmThe East Manchester Academy
- 2.0kmEden Boys' Leadership Academy, Manchester
- 2.1kmTrinity CofE High School
More reading links
Public Transport Nearby
The closest station to Flat 42, Loom Building 1, Manchester is Manchester Piccadilly station, which is 800 metres away.
- 800mManchester Piccadilly
- 1.0kmArdwick
- 1.7kmManchester Oxford Road
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
