Flat 502, Castlegate 2
Flat 502, Castlegate 2
Description & Estimates
Flat 502, Castlegate 2, Manchester is recorded publicly as a modern leasehold apartment across 1,603 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a balcony.
Our estimate of the sale value of Flat 502, Castlegate 2, Manchester is £379,429 and its rental estimate is £2,280 per month, given the available information and assuming reasonable condition.
Castlegate, Chester Road is a residential building on Chester Road, Manchester, M15 and falls within the M15 postal district and the borough of Manchester.
Our Data Sources
Flat 502, Castlegate 2, Manchester has 2 entries in the Land Registry , most recently in July 2020 and a single entry in the EPC database dated October 2019.
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
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 502, Castlegate 2, Manchester, we estimate a market value of £398,401 and a rental value of £2,394 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £352,869 and £2,121 per month respectively.
Recent Market Change
Over the last year, Flat 502, Castlegate 2, Manchester has seen its estimated sale value decline by £12,381 (3.3%) and its estimated rental value climb by £82 per month (3.6%). This results in an estimated gross rental yield of 7.2%.
Energy Efficiency
Flat 502, Castlegate 2, Manchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Oct 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Warm air, Electricaire.
Sold Prices
The most recent sale of Flat 502, Castlegate 2, Manchester completed on 10th July 2020 at £444,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 15.1% over the period since July 2020.
- Sold Jul 2020£444,000
- Sold Feb 2007£350,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 502, Castlegate 2, Manchester have sold within a radius of 200 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th August 2025, was Flat 1701, 16, Silvercroft Street, Manchester, M15 4ZE, a leasehold flat which sold for £635,000.
Read more about house prices in M15.
- Sold Aug 2025£635,000 | 3 Bed Flat16, Silvercroft StreetFlat 1701, 16, Silvercroft Street, Manchester, M15 4ZE
- Sold Oct 2024£340,000 | 3 Bed FlatBlantyre House 4, Slate WharfFlat 27, Blantyre House 4, Slate Wharf, Manchester, M15 4SZ
- Sold Sep 2020£350,000 | 3 Bed FlatBlantyre House 4, Slate WharfFlat 29, Blantyre House 4, Slate Wharf, Manchester, M15 4SZ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 1118 addresses on Chester Road, Manchester, M15, Flat 502, Castlegate 2, Manchester comes out as the 13th largest and the 203rd most expensive in our analysis of the public data.
It is also £143k more expensive than the average property across the M15 district.
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Schools Nearby
- 200mCrown Street Primary School
- 500mSt Wilfrid's RC Primary School
- 800mSt Philip's Church of England Primary School
- 1.4kmTrinity CofE High School
- 1.9kmOasis Academy MediaCityUK
- 2.2kmManchester Academy
More reading links
Public Transport Nearby
From Flat 502, Castlegate 2, Manchester, the nearest station is Deansgate, 300 metres away.
- 300mDeansgate
- 800mManchester Oxford Road
- 1.0kmSalford Central
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
