Flat 616, 2
Flat 616, 2
Description & Estimates
According to the public record, Flat 616, 2, Old Mount Street, Manchester is a modern leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 616, 2, Old Mount Street, Manchester is £251,318 and the estimated rental value is £1,425 per month.
The apartment is within 2, Old Mount Street, Manchester, M4.
Old Mount Street, Manchester, M4 is located in the borough of Manchester within the M4 postal district.
Our Data Sources
Flat 616, 2, Old Mount Street, Manchester has a single entry in the Land Registry from June 2021 and a single entry in the EPC database dated May 2021.
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
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 616, 2, Old Mount Street, Manchester is in very good condition we estimate a sale value of £263,883 and a rental value of £1,497 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £233,725 and a rental value of £1,326 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 616, 2, Old Mount Street, Manchester has decreased by £8,687 (3.5%), while its estimated rental value has grown by £14 per month (1.0%). Based on current estimates, the property offers a gross rental yield of 6.8%.
Energy Efficiency
Flat 616, 2, Old Mount Street, Manchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 May 2021.
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 616, 2, Old Mount Street, Manchester was last sold on 30th June 2021 for £231,345 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2021, the market for similar properties has dropped by 15.8%.
- Sold Jun 2021£231,345
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 616, 2, Old Mount Street, Manchester within a radius of 190 metres over the last 2 years.
The most recent example is Flat 717, 2, Old Mount Street, Manchester, M4 4GQ, a leasehold flat which sold for £225,800 on the 25th November 2024.
Read more about house prices in M4.
- Sold Nov 2024£225,800 | 2 Bed Flat2, Old Mount StreetFlat 717, 2, Old Mount Street, Manchester, M4 4GQ
- Sold Mar 2023£240,000 | 2 Bed Flat2, Old Mount StreetFlat 805, 2, Old Mount Street, Manchester, M4 4GQ
- Sold Feb 2022£235,200 | 2 Bed Flat2, Old Mount StreetFlat 716, 2, Old Mount Street, Manchester, M4 4GQ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Old Mount Street, Manchester, M4 has a total of 136 addresses. According to our analysis of all the public data, Flat 616, 2, Old Mount Street, Manchester is the 100th largest and the 97th most expensive property on the street.
When compared to the postcode district it is £30k more expensive than the average property in M4.
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Schools Nearby
- 600mAbbott Community Primary School
- 700mSt Patrick's RC Primary School, a Voluntary Academy
- 900mCo-op Academy New Islington
- 900mEden Boys' Leadership Academy, Manchester
- 1.1kmEden Girls' Leadership Academy, Manchester
- 1.9kmManchester Communication Academy
More reading links
Public Transport Nearby
The closest station to Flat 616, 2, Old Mount Street, Manchester is Manchester Victoria station, which is 500 metres away.
- 500mManchester Victoria
- 1.4kmManchester Piccadilly
- 1.5kmSalford Central
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
