Apartment O S 503, Royal Mills, 2 Cotton Street, Manchester, M4 5BW is a leasehold terraced property built before 1900. The property offers approximately 1,389 square feet of living space and is situated on the 6th floor. In this location, properties of similar size usually have four bedrooms.

The estimated current market value of the property is £525,336 , which equates to approximately £378 per square foot. It was last sold on 16 Aug 2021 for £440,000. Since then, the value has increased by £85,336, representing a 19.4% increase, or approximately 4.5% per year.

The current estimated value of £525,336 is:

  • 33.6% higher than the average property price on Cotton Street
  • 42.6% higher than the average in the M4 5BW postcode area
  • and 36.7% higher than the average price for Manchester as a whole

View sold house prices in M4 5BW

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
1389 sq ft
Tenure
Leasehold
Floor level
6th floor
Price (estimate)
£525,336
Price Per sq ft (estimate)
£378
Bedroom Count (estimate)
4 bedrooms

EPC Summary

Apartment O S 503, Royal Mills, 2 Cotton Street, Manchester, Greater Manchester, M4 5BW has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 22 Jan 2019.

This property is heated by a shared community system (community scheme). Community heating means the heat is supplied from a central source serving multiple homes. A community heating scheme is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 28 Nov 2008, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 1.2%.

Since the previous assessment, several changes were observed:

  • The hot water system changed from from main system to community scheme, with no change in energy efficiency (good).
  • The wall construction or insulation changed from solid brick, with internal insulation to solid brick, as built, no insulation (assumed), changing energy efficiency from very good to very poor.
  • The lighting was updated from low energy lighting in all fixed outlets to low energy lighting in 58% of fixed outlets, with efficiency changing from very good to good.
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 58% of fixed outlets
Good

Compared to M4 5BW

2 nd / 88
Price Rank
43% higher than average
4 th / 61
Size Rank
66% bigger than average
12 th / 61
Price Per Sq FT Rank
14% lower than average

Compared to other properties in M4 5BW , this flat's estimated value ranks 2nd out of 88. Based on price per square foot, it ranks 12th out of 61 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 4th out of 61 properties in its postcode area.

Sale History

Today
£525,336
streetscan.co.uk estimate
+19 %
16 Aug 2021
£440,000
Leasehold
+37.5 %
28 Apr 2006
£320,000
Leasehold

Area Insights

Nearby Properties

rooms: 4
size: 1076 sq ft
sale price: £434,500
sale date: 28 Jun 2021
rooms: 3
size: 980 sq ft
sale price: £201,500
sale date: 28 Apr 2006
rooms: 4
size: 1044 sq ft
sale price: £210,000
sale date: 26 Jun 2015
rooms: 4
size: 1266 sq ft
sale price: £330,000
sale date: 7 May 2015
rooms: 2
size: 581 sq ft
sale price: £150,000
sale date: 20 Feb 2015

Data Sources

The property at Apartment O S 503, Royal Mills, 2 Cotton Street, Manchester, M4 5BW appears two times in the Land Registry records, with the latest transaction recorded on 16 Aug 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 22 Jan 2019. 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.