Apartment N S 501, Royal Mills, 2 Cotton Street, Manchester, M4 5BD is a leasehold flat built between 2003-2006. The property offers approximately 1,808 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have six bedrooms.

The estimated current market value of the property is £696,339 , which equates to approximately £385 per square foot. It was last sold on 7 Aug 2020 for £525,575. Since then, the value has increased by £170,764, representing a 32.5% increase, or approximately 6.1% per year.

The current estimated value of £696,339 is:

  • 77.0% higher than the average property price on Cotton Street
  • 94.1% higher than the average in the M4 5BD postcode area
  • and 81.2% higher than the average price for Manchester as a whole

View sold house prices in M4 5BD

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
1808 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£696,339
Price Per sq ft (estimate)
£385
Bedroom Count (estimate)
6 bedrooms

EPC Summary

Apartment N S 501, Royal Mills, 2 Cotton Street, Manchester, Greater Manchester, M4 5BD has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 17 Mar 2020.

This property uses an electric boiler with radiators as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 1 Oct 2008, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 13.3%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from community scheme with chp to boiler and radiators, electric, changing energy efficiency from good to very poor.
  • The hot water energy efficiency changing from good to poor, while the system remained as from main system.
  • The lighting was updated from low energy lighting in 10% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Boiler and radiators, electric
Very Poor
Hot Water
From main system
Poor
Roof
Roof room(s), insulated (assumed)
Good
Walls
Solid brick, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to M4 5BD

4 th / 73
Price Rank
94% higher than average
1 st / 47
Size Rank
111% bigger than average
33 rd / 47
Price Per Sq FT Rank
8% lower than average

Compared to other properties in M4 5BD , this flat's estimated value ranks 4th out of 73. Based on price per square foot, it ranks 33th out of 47 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 1st out of 47 properties in its postcode area.

Sale History

Today
£696,339
streetscan.co.uk estimate
+32 %
7 Aug 2020
£525,575
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 1711 sq ft
sale price: £545,000
sale date: 17 Mar 2021
rooms: 4
size: 1658 sq ft
sale price: £410,000
sale date: 21 Aug 2018

Data Sources

The property at Apartment N S 501, Royal Mills, 2 Cotton Street, Manchester, Greater Manchester, M4 5BD appears once in the Land Registry records, with the transaction recorded on 7 Aug 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 17 Mar 2020. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.