According to the public record, 2, Fairmead Road, Manchester is a mid-century leasehold house with 1,054 ft2 of internal area and sits on a 22,632 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Fairmead Road, Manchester, M23 is located in the borough of Manchester within the M23 postal district.
2, Fairmead Road, Manchester has 2 entries in the Land Registry database, most recently in November 2021 and a single entry in the EPC database dated July 2021.
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 2 Fairmead Road Manchester as £346,128 and the rental value as £1,365 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 2 Fairmead Road Manchester has increased by £13,716 (4.0%) and its rental value has increased by £36 per month (2.6%).
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 2, Fairmead Road, Manchester is in very good condition we estimate a sale value of £363,434 and rental value of £1,433 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £321,899 and a rental value of £1,270 per month.
If you were able to purchase this property for the estimated value of £346,128, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,701 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, 2, Fairmead Road, Manchester sits on a plot of 22632m2.
We have plot size data on 13 out of 18 other houses in the postcode and 2, Fairmead Road, Manchester sits on the largest plot.
According to HM Land Registry, 2, Fairmead Road, Manchester was last sold on 02 Nov 2021 for £322,500 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since Nov 2021, the market for similar properties has risen 13.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Fairmead Road, Manchester within a radius of 780 metres over the last 2 years.
The most recent example is 9, Coppice Drive, Manchester, M22 4DT, a Freehold house which sold for £375,000 in Mar 2024.
Read more about house prices in M23.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fairmead Road, Manchester, M23 has a total of 18 addresses. According to our analysis of all the public data, 2, Fairmead Road, Manchester is the 17th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £110k more expensive than the average property in M23.
2, Fairmead Road, Manchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Jul 2021.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 2, Fairmead Road, Manchester is East Didsbury station which is 3.1 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 2, Fairmead Road, Manchester, 31.8% of property is privately owned with a mortgage and 31.0% 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 2, Fairmead Road, Manchester, 15.5% of residents are recorded as possessing school level qualifications and 36.0% 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 2, Fairmead Road, Manchester, the average age was 41.1 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 2, Fairmead Road, 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 2, Fairmead Road, Manchester, there are an average of 1.2 cars per household.
See below for how this compares to North West and the rest of England & Wales.