Flat B, 1
Flat B, 1
Description & Estimates
Public records show Flat B, 1, Signal Drive, Manchester to be a modern leasehold apartment with 656 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat B, 1, Signal Drive, Manchester has an estimated sale value of £91,935 and an estimated rental value of £715 per month, assuming reasonable condition and based on the information available.
The apartment sits within 1, Signal Drive, Manchester, M40.
Signal Drive, Manchester, M40 lies in the borough of Manchester, within the M40 postal district.
Our Data Sources
Flat B, 1, Signal Drive, Manchester has a single entry in the Land Registry from December 2020 and a single entry in the EPC database dated January 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate Flat B, 1, Signal Drive, Manchester would be worth £96,532, with a potential rental value of £751 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £85,500, with a rental value of £665 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 B, 1, Signal Drive, Manchester has dropped by £1,454 (1.6%) over the last year. During the same period, its estimated monthly rental value has risen by £11 (1.5%). The property's estimated gross yield is currently 9.3%.
Energy Efficiency
Flat B, 1, Signal Drive, Manchester has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 28 Jan 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
Flat B, 1, Signal Drive, Manchester last changed hands on 9th December 2020, selling for £84,000. 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 risen by 20.2% since December 2020.
- Sold Dec 2020£84,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 600 metres of Flat B, 1, Signal Drive, Manchester across the last 2 years.
Most recently, Flat D, 391A, Queens Road, Manchester, M40 8AL, a leasehold flat, sold at £110,000 on the 28th November 2024.
Read more about house prices in M40.
•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 B, 1, Signal Drive, Manchester as the 36th largest and the 51st most expensive of the 60 addresses on Signal Drive, Manchester, M40.
Against the M40 postcode district average, it is £111k less expensive than the typical property.
More reading links
Schools Nearby
- 300mManchester Communication Primary Academy
- 300mSt Augustine's CofE Primary School
- 500mSt Edmund's RC Primary School, a Voluntary Academy
- 100mManchester Communication Academy
- 1.1kmEden Girls' Leadership Academy, Manchester
- 1.2kmEden Boys' Leadership Academy, Manchester
More reading links
Public Transport Nearby
Manchester Victoria station is the nearest stop to Flat B, 1, Signal Drive, Manchester at 2.4 kilometres away.
- 2.4kmManchester Victoria
- 2.9kmManchester Piccadilly
- 3.4kmArdwick
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
