Flat 703, 1
Flat 703, 1
Description & Estimates
According to the public record, Flat 703, 1, Lockgate Mews, Manchester is a modern leasehold apartment with 441 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 703, 1, Lockgate Mews, Manchester is £202,556 and the estimated rental value is £1,133 per month.
The apartment is within 1, Lockgate Mews, Manchester, M4.
Lockgate Mews, Manchester, M4 is located in the borough of Manchester within the M4 postal district.
Our Data Sources
Flat 703, 1, Lockgate Mews, Manchester has 2 entries in the Land Registry , most recently in December 2020 and a single entry in the EPC database dated July 2019.
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.
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 703, 1, Lockgate Mews, Manchester is in very good condition we estimate a sale value of £212,683 and a rental value of £1,189 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £188,377 and a rental value of £1,053 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 703, 1, Lockgate Mews, Manchester has decreased by £4,707 (2.3%), while its estimated rental value has grown by £25 per month (2.2%). Based on current estimates, the property offers a gross rental yield of 6.7%.
Energy Efficiency
Flat 703, 1, Lockgate Mews, Manchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Jul 2019.
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 703, 1, Lockgate Mews, Manchester was last sold on 11th December 2020 for £270,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since December 2020, the market for similar properties has dropped by 25.1%.
- Sold Dec 2020£270,000
- Sold Aug 2019£275,450
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 703, 1, Lockgate Mews, Manchester within a radius of 210 metres over the last 2 years.
The most recent example is Flat 108, 1, Lockgate Mews, Manchester, M4 6GE, a leasehold flat which sold for £227,500 on the 13th October 2024.
Read more about house prices in M4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Lockgate Mews, Manchester, M4 has a total of 101 addresses. According to our analysis of all the public data, Flat 703, 1, Lockgate Mews, Manchester is the 91st largest and the 90th most expensive property on the street.
When compared to the postcode district it is £19k less expensive than the average property in M4.
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Schools Nearby
- 300mCo-op Academy New Islington
- 500mSt Anne's RC Primary School
- 1.0kmSt Patrick's RC Primary School, a Voluntary Academy
- 1.8kmEden Boys' Leadership Academy, Manchester
- 1.9kmThe East Manchester Academy
- 2.0kmEden Girls' Leadership Academy, Manchester
More reading links
Public Transport Nearby
The closest station to Flat 703, 1, Lockgate Mews, Manchester is Manchester Piccadilly station, which is 600 metres away.
- 600mManchester Piccadilly
- 1.2kmArdwick
- 1.5kmManchester Victoria
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
