Apartment R M 311, Royal Mills, 2 Cotton Street, Manchester, M4 5BW is a leasehold flat built between 2003-2006. The property offers approximately 850 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £317,596 , which equates to approximately £373 per square foot. It was last sold on 22 May 2006 for £165,000. Since then, the value has increased by £152,596, representing a 92.5% increase, or approximately 4.7% per year.

The current estimated value of £317,596 is:

  • 19.3% lower than the average property price on Cotton Street
  • 13.8% lower than the average in the M4 5BW postcode area
  • and 17.4% lower than the average price for Manchester as a whole

View sold house prices in M4 5BW

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
850 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£317,596
Price Per sq ft (estimate)
£373
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Apartment R M 311, Royal Mills, 2 Cotton Street, Manchester, Greater Manchester, M4 5BW has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 14 Oct 2016.

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 7 May 2009, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 9.2%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from boiler and radiators, electric to community scheme, improving energy efficiency from poor to good.
  • The hot water system was changed from from main system, no cylinderstat to community scheme, with its energy efficiency improving from poor to good.
  • The wall construction or insulation changed from cavity wall, with internal insulation to solid brick, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 25% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Community scheme
Good
Hot Water
Community scheme
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 5BW

57 th / 88
Price Rank
14% lower than average
33 rd / 61
Size Rank
2% bigger than average
57 th / 61
Price Per Sq FT Rank
15% lower than average

Compared to other properties in M4 5BW , this flat's estimated value ranks 57th out of 88. Based on price per square foot, it ranks 57th 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 33th out of 61 properties in its postcode area.

Sale History

Today
£317,596
streetscan.co.uk estimate
+92 %
22 May 2006
£165,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 775 sq ft
sale price: £300,000
sale date: 22 Aug 2019
rooms: 3
size: 893 sq ft
sale price: £312,500
sale date: 18 May 2018
rooms: 3
size: 904 sq ft
sale price: £305,000
sale date: 27 Jul 2017
rooms: 3
size: 936 sq ft
sale price: £237,500
sale date: 24 Feb 2017
rooms: 3
size: 872 sq ft
sale price: £365,000
sale date: 22 Jul 2016

Data Sources

The property at Apartment R M 311, Royal Mills, 2 Cotton Street, Manchester, Greater Manchester, M4 5BW appears once in the Land Registry records, with the transaction recorded on 22 May 2006. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Oct 2016. 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.