Apartment O S 505, Royal Mills, 2 Cotton Street, Manchester, M4 5BW is a leasehold flat built between 1900-1929. The property offers approximately 936 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 £363,177 , which equates to approximately £388 per square foot. It was last sold on 24 Feb 2017 for £237,500. Since then, the value has increased by £125,677, representing a 52.9% increase, or approximately 6.0% per year.

The current estimated value of £363,177 is:

  • 7.7% lower than the average property price on Cotton Street
  • 1.4% lower than the average in the M4 5BW postcode area
  • and 5.5% lower than the average price for Manchester as a whole

At the most recent EPC inspection on 24 June 2023, the property was recorded as rented.

View sold house prices in M4 5BW

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
936 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£363,177
Price Per sq ft (estimate)
£388
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Apartment O S 505, Royal Mills, 2 Cotton Street, Manchester, Greater Manchester, M4 5BW has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 24 Jun 2023.

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 21 May 2012, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 13.9%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from community scheme to boiler and radiators, electric, changing energy efficiency from good to very poor.
  • The hot water system was changed from community scheme to electric instantaneous at point of use, with its energy efficiency changing from good to very poor.
  • The wall construction or insulation changed from solid brick, as built, insulated (assumed) to solid brick, as built, no insulation (assumed), changing energy efficiency from good to poor.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, electric
Very Poor
Hot Water
Electric instantaneous at point of use
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to M4 5BW

37 th / 88
Price Rank
1% lower than average
28 th / 61
Size Rank
12% bigger than average
42 nd / 61
Price Per Sq FT Rank
12% lower than average

Compared to other properties in M4 5BW , this flat's estimated value ranks 37th out of 88. Based on price per square foot, it ranks 42th out of 61 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 28th out of 61 properties in its postcode area.

Sale History

Today
£363,177
streetscan.co.uk estimate
+53 %
24 Feb 2017
£237,500
Leasehold
+9.7 %
24 Apr 2006
£216,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 1076 sq ft
sale price: £434,500
sale date: 28 Jun 2021
rooms: 4
size: 1033 sq ft
sale price: £345,000
sale date: 16 Apr 2021
rooms: 2
size: 980 sq ft
sale price: £327,500
sale date: 26 Jun 2020
rooms: 3
size: 1002 sq ft
sale price: £328,500
sale date: 10 May 2019
rooms: 2
size: 980 sq ft
sale price: £230,500
sale date: 1 Feb 2019

Data Sources

The property at Apartment O S 505, Royal Mills, 2 Cotton Street, Manchester, M4 5BW appears two times in the Land Registry records, with the latest transaction recorded on 24 Feb 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Jun 2023. 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.