According to the public record, 1, New Forest Road, Manchester is a mid-century leasehold house with 2,421 ft2 of internal area and sits on a 517 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
New Forest Road, Manchester, M23 is located in the borough of Manchester within the M23 postal district.
1, New Forest Road, Manchester has a single entry in the Land Registry database from May 2014 and a single entry in the EPC database dated November 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 New Forest Road Manchester as £672,667 and the rental value as £1,602 per month giving an expected gross yield of 2.9%.
Over the last 12 months the sale value of 1 New Forest Road Manchester has increased by £19,275 (2.9%) and its rental value has increased by £14 per month (0.9%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, New Forest Road, Manchester is in very good condition we estimate a sale value of £706,300 and rental value of £1,682 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £625,580 and a rental value of £1,490 per month.
If you were able to purchase this property for the estimated value of £672,667, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,306 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 1, New Forest Road, Manchester sits on a plot of 517m2.
We have plot size data on 19 out of 26 other houses in the postcode and 1, New Forest Road, Manchester sits on the 16th largest plot.
According to HM Land Registry, 1, New Forest Road, Manchester was last sold on 16 May 2014 for £275,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since May 2014, the market for similar properties has risen 82.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, New Forest Road, Manchester within a radius of 540 metres over the last 2 years.
The most recent example is 272, Brooklands Road, Manchester, M23 9HD, a Freehold house which sold for £575,000 in Feb 2024.
Read more about house prices in M23.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
New Forest Road, Manchester, M23 has a total of 43 addresses. According to our analysis of all the public data, 1, New Forest Road, Manchester is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £437k more expensive than the average property in M23.
1, New Forest Road, Manchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Nov 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas, Boiler and underfloor heating, mains gas.
The closest station to 1, New Forest Road, Manchester is Navigation Road station which is 2.3 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, New Forest Road, Manchester, 35.1% of property is privately owned with a mortgage and 31.8% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, New Forest Road, Manchester, 17.7% of residents are recorded as possessing school level qualifications and 40.7% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, New Forest Road, Manchester, the average age was 40.3 and the most common age was 32.
The graph below shows how this compares to North West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, New Forest Road, Manchester, 1.2% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, New Forest Road, Manchester, there are an average of 1.3 cars per household.
See below for how this compares to North West and the rest of England & Wales.