According to the public record, 1, The Shires, Manchester is a modern leasehold house with 861 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
The Shires, Droylsden, Manchester, M43 is located in the borough of Tameside within the M43 postal district.
1, The Shires, Manchester has a single entry in the Land Registry database from February 2024 and a single entry in the EPC database dated March 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 The Shires Manchester as £291,001 and the rental value as £1,183 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 1 The Shires Manchester has increased by £2,605 (0.9%) and its rental value has increased by £48 per month (4.0%).
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, The Shires, Manchester is in very good condition we estimate a sale value of £305,551 and rental value of £1,242 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £270,631 and a rental value of £1,100 per month.
If you were able to purchase this property for the estimated value of £291,001, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,430 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 HM Land Registry, 1, The Shires, Manchester was last sold on 08 Feb 2024 for £278,500 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Feb 2024, the market for similar properties has risen 2.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, The Shires, Manchester within a radius of 730 metres over the last 2 years.
The most recent example is 4, The Shires, Manchester, M43 7ER, a Leasehold house which sold for £280,000 in Mar 2024.
Read more about house prices in M43.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Shires, Droylsden, Manchester, M43 has a total of 51 addresses. According to our analysis of all the public data, 1, The Shires, Manchester is the 33rd largest and the 35th most expensive property on the street.
When compared to the postcode district it is £82k more expensive than the average property in M43.
1, The Shires, Manchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Mar 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, The Shires, Manchester is Guide Bridge station which is 1.7 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, The Shires, Manchester, 49.2% of property is privately owned outright and 43.2% is privately owned with a mortgage.
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, The Shires, Manchester, 17.2% of residents are recorded as possessing school level qualifications and 26.1% 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, The Shires, Manchester, the average age was 42 and the most common age was 57.
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, The Shires, Manchester, 1.6% 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, The Shires, Manchester, there are an average of 1.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.