According to the public record, 12, Spring Vale, Manchester is a mid-century leasehold house with 1,474 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Spring Vale, Prestwich, Manchester, M25 is located in the borough of Bury within the M25 postal district.
12, Spring Vale, Manchester has a single entry in the Land Registry database from October 2014 and a single entry in the EPC database dated March 2015.
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 12 Spring Vale Manchester as £429,481 and the rental value as £1,689 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 12 Spring Vale Manchester has increased by £4,909 (1.1%) and its rental value has decreased by £4 per month (0.3%).
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 12, Spring Vale, Manchester is in very good condition we estimate a sale value of £450,955 and rental value of £1,774 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £399,417 and a rental value of £1,571 per month.
If you were able to purchase this property for the estimated value of £429,481, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,111 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, 12, Spring Vale, Manchester was last sold on 17 Oct 2014 for £225,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Oct 2014, the market for similar properties has risen 72.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Spring Vale, Manchester within a radius of 580 metres over the last 2 years.
The most recent example is 57, Hilton Lane, Manchester, M25 9SA, a Freehold house which sold for £388,000 in Feb 2021.
Read more about house prices in M25.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spring Vale, Prestwich, Manchester, M25 has a total of 17 addresses. According to our analysis of all the public data, 12, Spring Vale, Manchester is the 11th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £125k more expensive than the average property in M25.
12, Spring Vale, Manchester has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 05 Mar 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using warm air.
The closest station to 12, Spring Vale, Manchester is Clifton (Manchester) station which is 1.9 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 12, Spring Vale, Manchester, 54.0% of property is privately owned outright and 38.9% 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 12, Spring Vale, Manchester, 17.6% of residents are recorded as possessing school level qualifications and 43.9% 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 12, Spring Vale, Manchester, the average age was 40.5 and the most common age was 37.
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 12, Spring Vale, Manchester, 0.0% 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 12, Spring Vale, Manchester, there are an average of 1.4 cars per household.
See below for how this compares to North West and the rest of England & Wales.