Flat 45, Loom Building 1
Flat 45, Loom Building 1
Description & Estimates
According to the public record, Flat 45, Loom Building 1, Manchester is a modern leasehold 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 45, Loom Building 1, Manchester is £243,562 and the estimated rental value is £1,419 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 45, Loom Building 1, Manchester has a single entry in the Land Registry from March 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.
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 45, Loom Building 1, Manchester is in very good condition we estimate a sale value of £255,740 and a rental value of £1,490 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £226,513 and a rental value of £1,320 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 45, Loom Building 1, Manchester has decreased by £6,867 (2.8%), while its estimated rental value has grown by £26 per month (1.8%). Based on current estimates, the property offers a gross rental yield of 7.0%.
Energy Efficiency
Flat 45, Loom Building 1, Manchester has an Energy Performance Rating (EPC) of B. 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.
Sold Prices
According to HM Land Registry, Flat 45, Loom Building 1, Manchester was last sold on 18th March 2020 for £285,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2020, the market for similar properties has risen by 10.8%.
- Sold Mar 2020£285,000
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 45, Loom Building 1, Manchester within a radius of 200 metres over the last 2 years.
The most recent example is Flat 83, Loom Building 1, Harrison Street, Manchester, M4 7BJ, a leasehold flat which sold for £247,000 on the 25th April 2024.
Read more about house prices in M4.
- Sold Apr 2024£247,000 | 2 Bed FlatLoom Building 1, Harrison StreetFlat 83, Loom Building 1, Harrison Street, Manchester, M4 7BJ
- Sold Dec 2022£210,000 | 2 Bed FlatLoom Building 1, Harrison StreetFlat 101, Loom Building 1, Harrison Street, Manchester, M4 7BJ
- Sold Sep 2021£220,000 | 2 Bed FlatLoom Building 1, Harrison StreetFlat 40, 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 45, Loom Building 1, Manchester is the 28th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £22k more 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 45, 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.
