Apartment N S 507, Royal Mills, 2 Cotton Street, Manchester, M4 5BD is a leasehold flat built before 1900. The property offers approximately 926 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £315,945 , which equates to approximately £341 per square foot. It was last sold on 8 Jan 2021 for £259,000. Since then, the value has increased by £56,945, representing a 22.0% increase, or approximately 4.5% per year.

The current estimated value of £315,945 is:

  • 19.0% lower than the average property price on Cotton Street
  • 11.9% lower than the average in the M4 5BD postcode area
  • and 13.5% lower than the average price for Manchester as a whole

At the most recent EPC inspection on 25 June 2020, the property was recorded as owner-occupied.

View sold house prices in M4 5BD

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
926 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£315,945
Price Per sq ft (estimate)
£341
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Apartment N S 507, Royal Mills, 2 Cotton Street, Manchester, Greater Manchester, M4 5BD has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 25 Jun 2020.

This property uses an electric boiler with radiators as its main heating source. Electric instantaneous heaters at the point of use are used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 24 Aug 2009. The rating of E is unchanged, though the energy efficiency score decreased by 25.9%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from average to very poor, while the heating system type remained the same (boiler and radiators, electric).
  • The hot water system changed from from main system, no cylinderstat to electric instantaneous at point of use, with no change in energy efficiency (very poor).
  • The roof construction or insulation changed from pitched, 250 mm loft insulation to pitched, no insulation (assumed), changing energy efficiency from good to very poor.
Heating Type
Boiler and radiators, electric
Very Poor
Hot Water
Electric instantaneous at point of use
Very Poor
Roof
Pitched, no insulation (assumed)
Very Poor
Walls
Solid brick, with internal insulation
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to M4 5BD

40 th / 73
Price Rank
12% lower than average
19 th / 47
Size Rank
8% bigger than average
43 rd / 47
Price Per Sq FT Rank
18% lower than average

Compared to other properties in M4 5BD , this flat's estimated value ranks 40th out of 73. Based on price per square foot, it ranks 43th 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 19th out of 47 properties in its postcode area.

Sale History

Today
£315,945
streetscan.co.uk estimate
+22 %
8 Jan 2021
£259,000
Leasehold
+35.4 %
27 Nov 2015
£191,300
Leasehold
+27.5 %
9 Oct 2006
£150,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 958 sq ft
sale price: £375,000
sale date: 27 Nov 2024
rooms: 3
size: 915 sq ft
sale price: £305,000
sale date: 18 Dec 2019
rooms: 4
size: 936 sq ft
sale price: £270,000
sale date: 30 Mar 2016
rooms: 3
size: 947 sq ft
sale price: £302,000
sale date: 11 Mar 2016
rooms: 2
size: 947 sq ft
sale price: £188,000
sale date: 22 Jun 2007

Data Sources

The property at Apartment N S 507, Royal Mills, 2 Cotton Street, Manchester, M4 5BD appears three times in the Land Registry records, with the latest transaction recorded on 8 Jan 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 25 Jun 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.


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