Flat 501, 1A
Flat 501, 1A
Description & Estimates
Public records show Flat 501, 1A, Spinners Way, Manchester to be a modern leasehold apartment with 753 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a balcony.
Flat 501, 1A, Spinners Way, Manchester has an estimated sale value of £311,748 and an estimated rental value of £1,733 per month, assuming reasonable condition and based on the information available.
The apartment sits within 1A, Spinners Way, Manchester, M15.
Spinners Way, Manchester, M15 lies in the borough of Manchester, within the M15 postal district.
Our Data Sources
Flat 501, 1A, Spinners Way, Manchester has a single entry in the Land Registry from December 2020 and a single entry in the EPC database dated September 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate Flat 501, 1A, Spinners Way, Manchester would be worth £327,335, with a potential rental value of £1,819 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £289,926, with a rental value of £1,611 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 501, 1A, Spinners Way, Manchester has moved down by £3,051 (1.0%) over the last year. During the same period, its estimated monthly rental value has increased by £70 (4.0%). The property's estimated gross yield is currently 6.7%.
Energy Efficiency
Flat 501, 1A, Spinners Way, Manchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Sep 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
Sold Prices
Flat 501, 1A, Spinners Way, Manchester last changed hands on 22nd December 2020, selling for £357,000. 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 dropped by 16.6% since December 2020.
- Sold Dec 2020£357,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 240 metres of Flat 501, 1A, Spinners Way, Manchester across the last 2 years.
Most recently, Flat 709, 3B, Spinners Way, Manchester, M15 4SR, a leasehold flat, sold at £292,950 on the 21st March 2025.
Read more about house prices in M15.
•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 501, 1A, Spinners Way, Manchester as the 63rd largest and the 24th most expensive of the 330 addresses on Spinners Way, Manchester, M15.
Against the M15 postcode district average, it is £75k more expensive than the typical property.
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Schools Nearby
- 300mCrown Street Primary School
- 500mSt Wilfrid's RC Primary School
- 800mOld Trafford Community Academy
- 1.5kmTrinity CofE High School
- 1.6kmOasis Academy MediaCityUK
- 2.3kmManchester Academy
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Public Transport Nearby
Deansgate station is the nearest stop to Flat 501, 1A, Spinners Way, Manchester at 700 metres away.
- 700mDeansgate
- 1.2kmManchester Oxford Road
- 1.3kmSalford Central
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
