Flat 507 1 Advent Way

    FLAT 507 1, ADVENT WAY, MANCHESTER, M4 7LS

    This flat/maisonette leasehold property on Advent Way last sold in July 2020 for £133,500. Based on price growth in the M4 district since then, its estimated current value is £145,886 — placing it in the 12th percentile nationally and the 5th percentile within M4. The property covers 50 m² (538 sq ft), giving an estimated value of £2,918 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    538 sq ft

    50 m²

    Last Sale Price

    £133,500

    Jul 2020

    Estimated Valuation

    £145,886

    Est. £/sq ft

    £271/sq ft

    £2,918/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction age2020
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentB
    EPC potentialB
    Floor area538 sq ft (50 m²)
    EPC dateJun 2020
    WallsAverage thermal transmittance 0.17 W/m²K
    HeatingRoom heaters, electric

    Transaction History

    23 Jul 2020

    New build

    £133,500

    Key Metrics

    Estimated valuation£145,886
    Value per sq ft / m²£271/sq ft (£2,918/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M4 district percentile5th percentile
    National percentile12th 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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