Flat 5, 2
Flat 5, 2
Description & Estimates
Public records show Flat 5, 2, Alders Road, Manchester to be a modern leasehold apartment with 678 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 5, 2, Alders Road, Manchester has an estimated sale value of £241,283 and an estimated rental value of £1,277 per month, assuming reasonable condition and based on the information available.
The apartment sits within 2, Alders Road, Manchester, M22.
Alders Road, Manchester, M22 lies in the borough of Manchester, within the M22 postal district.
Our Data Sources
Flat 5, 2, Alders Road, Manchester has a single entry in the Land Registry from March 2007 and a single entry in the EPC database dated February 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Flat 5, 2, Alders Road, Manchester would be worth £253,347, with a potential rental value of £1,341 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £224,393, with a rental value of £1,188 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 5, 2, Alders Road, Manchester has climbed by £3,031 (1.3%) over the last year. During the same period, its estimated monthly rental value has risen by £49 (3.8%). The property's estimated gross yield is currently 6.4%.
Energy Efficiency
Flat 5, 2, Alders Road, Manchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 Feb 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 5, 2, Alders Road, Manchester last changed hands on 30th March 2007, selling for £145,000. 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 22.1% since March 2007.
- Sold Mar 2007£145,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 540 metres of Flat 5, 2, Alders Road, Manchester across the last 2 years.
Most recently, 2A, Alders Road, Manchester, M22 8FG, a leasehold flat, sold at £491,666 on the 31st January 2022.
Read more about house prices in M22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 5, 2, Alders Road, Manchester as the 70th largest and the 9th most expensive of the 80 addresses on Alders Road, Manchester, M22.
Against the M22 postcode district average, it is £9k more expensive than the typical property.
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Schools Nearby
- 200mBenchill Primary School
- 800mSs John Fisher and Thomas More Catholic Primary School
- 900mHaveley Hey Community School
- 1.1kmSaint Paul's Catholic High School
- 1.3kmManchester Enterprise Academy
- 1.7kmDixons Newall Green Academy
More reading links
Public Transport Nearby
Gatley station is the nearest stop to Flat 5, 2, Alders Road, Manchester at 2.5 kilometres away.
- 2.5kmGatley
- 3.1kmManchester Airport
- 3.3kmHeald Green
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
