Flat 504 1 Advent Way

    FLAT 504 1, ADVENT WAY, MANCHESTER, M4 7LS

    This flat/maisonette leasehold property on Advent Way last sold in December 2020 for £181,500. Based on price growth in the M4 district since then, its estimated current value is £198,339 — placing it in the 24th percentile nationally and the 22nd percentile within M4. The property covers 62 m² (667 sq ft), giving an estimated value of £3,199 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    667 sq ft

    62 m²

    Last Sale Price

    £181,500

    Dec 2020

    Estimated Valuation

    £198,339

    Est. £/sq ft

    £297/sq ft

    £3,199/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction age2020
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentB
    EPC potentialB
    Floor area667 sq ft (62 m²)
    EPC dateJun 2020
    WallsAverage thermal transmittance 0.17 W/m²K
    HeatingRoom heaters, electric

    Transaction History

    2 Dec 2020

    New build

    £181,500

    Key Metrics

    Estimated valuation£198,339
    Value per sq ft / m²£297/sq ft (£3,199/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M4 district percentile22nd percentile
    National percentile24th percentile

    District Context — M4

    M4 covers central Manchester, including areas around the city centre, Deansgate, and surrounding neighbourhoods. It is characterised by high density urban living with a youthful, transient population and strong appeal to students and young professionals.

    Average Property Price - M4

    £263,046

    31

    National percentile

    Average Net Household Income - M4

    £30,574

    9

    National percentile

    10-Year Annualised Price Growth - M4

    5.3%

    92

    National percentile

    10-Year Annualised Rent Growth - M

    5.5%

    98

    National percentile

    View full analysis for M4

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