According to the public record, 2, Fairwood Road, Manchester is a mid-century freehold house with 1,171 ft2 of internal area and sits on a 511 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Fairwood Road, Manchester, M23 is located in the borough of Manchester within the M23 postal district.
2, Fairwood Road, Manchester has 2 entries in the Land Registry database, most recently in November 2017 and a single entry in the EPC database dated May 2011.
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 Fairwood Road Manchester as £510,041 and the rental value as £1,617 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of 2 Fairwood Road Manchester has increased by £14,615 (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 2, Fairwood Road, Manchester is in very good condition we estimate a sale value of £535,544 and rental value of £1,698 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £474,339 and a rental value of £1,504 per month.
If you were able to purchase this property for the estimated value of £510,041, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,507 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, Fairwood Road, Manchester sits on a plot of 511m2.
We have plot size data on 14 out of 17 other houses in the postcode and 2, Fairwood Road, Manchester sits on the 5th largest plot.
According to HM Land Registry, 2, Fairwood Road, Manchester was last sold on 08 Nov 2017 for £335,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2017, the market for similar properties has risen 43.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Fairwood Road, Manchester within a radius of 510 metres over the last 2 years.
The most recent example is 15, Goodwood Avenue, Manchester, M23 9JQ, a Freehold house which sold for £475,000 in Oct 2022.
Read more about house prices in M23.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fairwood Road, Manchester, M23 has a total of 17 addresses. According to our analysis of all the public data, 2, Fairwood Road, Manchester is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £274k more expensive than the average property in M23.
2, Fairwood Road, Manchester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 May 2011.
The property is not connected to mains gas and has fully double glazed windows. It is heated using elecric underfloor heating.
The closest station to 2, Fairwood Road, Manchester is Navigation Road station which is 2.4 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, Fairwood Road, Manchester, 53.9% of property is privately owned outright and 22.7% 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 2, Fairwood Road, Manchester, 15.9% of residents are recorded as possessing school level qualifications and 37.2% 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, Fairwood 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 2, Fairwood Road, Manchester, 1.4% 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, Fairwood Road, 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.