According to the public record, 16, Reddish Lane, Manchester is a period freehold house with 678 ft2 of internal area and sits on a 103 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Reddish Lane, Manchester, M18 is located in the borough of Manchester within the M18 postal district.
16, Reddish Lane, Manchester has 61 entries in the Land Registry database, most recently in October 2021 and a single entry in the EPC database dated October 2014.
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 16 Reddish Lane Manchester as £140,758 and the rental value as £848 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 16 Reddish Lane Manchester has increased by £4,375 (3.1%) and its rental value has increased by £60 per month (7.1%).
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 16, Reddish Lane, Manchester is in very good condition we estimate a sale value of £147,796 and rental value of £891 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £130,905 and a rental value of £789 per month.
If you were able to purchase this property for the estimated value of £140,758, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £692 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, 16, Reddish Lane, Manchester sits on a plot of 103m2.
We have plot size data on 12 out of 18 other houses in the postcode and 16, Reddish Lane, Manchester sits on the 5th largest plot.
According to HM Land Registry, 16, Reddish Lane, Manchester was last sold on 01 Oct 2021 for £159,000 and was recorded as a freehold house.
The property has had 6 sales since 1995.
Since Oct 2021, the market for similar properties has risen 11.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Reddish Lane, Manchester within a radius of 480 metres over the last 2 years.
The most recent example is 54, Reddish Lane, Manchester, M18 7JN, a Freehold house which sold for £157,000 in Oct 2022.
Read more about house prices in M18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Reddish Lane, Manchester, M18 has a total of 123 addresses. According to our analysis of all the public data, 16, Reddish Lane, Manchester is the 69th largest and the 65th most expensive property on the street.
When compared to the postcode district it is £28k less expensive than the average property in M18.
16, Reddish Lane, Manchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Oct 2014.
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 16, Reddish Lane, Manchester is Reddish North station which is 800 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 16, Reddish Lane, Manchester, 42.5% of property is privately rented and 36.0% is socially rented.
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 16, Reddish Lane, Manchester, 10.4% of residents are recorded as possessing school level qualifications and 21.3% 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 16, Reddish Lane, Manchester, the average age was 34.5 and the most common age was 2.
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 16, Reddish Lane, 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 16, Reddish Lane, Manchester, there are an average of 0.5 cars per household.
See below for how this compares to North West and the rest of England & Wales.