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Public records show Flat 511, Goodwin Building 41, Manchester to be a modern leasehold apartment with 796 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a balcony.
Flat 511, Goodwin Building 41, Manchester has an estimated sale value of £320,338 and an estimated rental value of £1,696 per month, assuming reasonable condition and based on the information available.
The apartment sits within Goodwin Building, Potato Wharf, Manchester, M3.
Potato Wharf, Manchester, M3 lies in the borough of Manchester, within the M3 postal district.
Flat 511, Goodwin Building 41, Manchester has a single entry in the Land Registry from May 2023 and a single entry in the EPC database dated November 2021.
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.
In very good condition, we estimate Flat 511, Goodwin Building 41, Manchester would be worth £336,355, with a potential rental value of £1,780 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £297,914, with a rental value of £1,577 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 511, Goodwin Building 41, Manchester has decreased by £7,326 (2.3%) over the last year. During the same period, its estimated monthly rental value has grown by £74 (4.4%). The property's estimated gross yield is currently 6.4%.
Flat 511, Goodwin Building 41, Manchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Nov 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Flat 511, Goodwin Building 41, Manchester last changed hands on 10th May 2023, selling for £355,000. 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 10.2% since May 2023.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 300 metres of Flat 511, Goodwin Building 41, Manchester across the last 2 years.
Most recently, Flat 611, Goodwin Building 41, Potato Wharf, Manchester, M3 4NU, a leasehold flat, sold at £300,000 on the 13th August 2024.
Read more about house prices in M3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 511, Goodwin Building 41, Manchester as the 7th largest and the 3rd most expensive of the 425 addresses on Potato Wharf, Manchester, M3.
Against the M3 postcode district average, it is £93k more expensive than the typical property.
Deansgate station is the nearest stop to Flat 511, Goodwin Building 41, Manchester at 600 metres away.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 511, Goodwin Building 41, Manchester, 75.1% of property is privately rented and 14.2% is privately owned with a mortgage.
The graph below shows how this compares to North West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 511, Goodwin Building 41, Manchester, 9.0% of residents are recorded as possessing school level qualifications and 81.9% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 511, Goodwin Building 41, Manchester, the average age was 30.6 and the most common age was 22.
The graph below shows how this compares to North West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 511, Goodwin Building 41, Manchester, 0.0% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 511, Goodwin Building 41, Manchester, there are an average of 0.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.
