Flat 505 1 Advent Way

    FLAT 505 1, ADVENT WAY, MANCHESTER, M4 7LS

    This flat/maisonette leasehold property on Advent Way last sold in September 2024 for £242,000. Based on price growth in the M4 district since then, its estimated current value is £223,277 — placing it in the 30th percentile nationally and the 36th percentile within M4. The property covers 64 m² (689 sq ft), giving an estimated value of £3,489 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    689 sq ft

    64 m²

    Last Sale Price

    £242,000

    Sept 2024

    Estimated Valuation

    £223,277

    Est. £/sq ft

    £324/sq ft

    £3,489/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction age2020
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentC
    EPC potentialC
    Floor area689 sq ft (64 m²)
    EPC dateJun 2020
    WallsAverage thermal transmittance 0.17 W/m²K
    HeatingRoom heaters, electric

    Transaction History

    6 Sept 2024

    £242,000

    3 Aug 2020

    New build

    £204,995

    Key Metrics

    Estimated valuation£223,277
    Value per sq ft / m²£324/sq ft (£3,489/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M4 district percentile36th percentile
    National percentile30th 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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