According to the public record, 2, Malvern Avenue, Manchester is a mid-century leasehold house with 635 ft2 of internal area and sits on a 2,973 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Malvern Avenue, Droylsden, Manchester, M43 is located in the borough of Tameside within the M43 postal district.
2, Malvern Avenue, Manchester has a single entry in the Land Registry database from July 2021 and a single entry in the EPC database dated April 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 Malvern Avenue Manchester as £171,675 and the rental value as £995 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 2 Malvern Avenue Manchester has increased by £4,264 (2.5%) and its rental value has increased by £56 per month (5.7%).
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, Malvern Avenue, Manchester is in very good condition we estimate a sale value of £180,259 and rental value of £1,044 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £159,658 and a rental value of £925 per month.
If you were able to purchase this property for the estimated value of £171,675, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £844 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, Malvern Avenue, Manchester sits on a plot of 2973m2.
We have plot size data on 24 out of 24 other houses in the postcode and 2, Malvern Avenue, Manchester sits on the 2nd largest plot.
According to HM Land Registry, 2, Malvern Avenue, Manchester was last sold on 28 Jul 2021 for £140,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Jul 2021, the market for similar properties has risen 15.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Malvern Avenue, Manchester within a radius of 510 metres over the last 2 years.
The most recent example is 5, Jasmine Avenue, Manchester, M43 7XG, a Freehold house which sold for £160,000 in Jul 2023.
Read more about house prices in M43.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Malvern Avenue, Droylsden, Manchester, M43 has a total of 24 addresses. According to our analysis of all the public data, 2, Malvern Avenue, Manchester is the 22nd largest and the 21st most expensive property on the street.
When compared to the postcode district it is £38k less expensive than the average property in M43.
2, Malvern Avenue, Manchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Apr 2021.
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 2, Malvern Avenue, Manchester is Fairfield 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 2, Malvern Avenue, Manchester, 36.4% of property is privately owned outright and 28.0% 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, Malvern Avenue, Manchester, 16.1% of residents are recorded as possessing school level qualifications and 17.3% 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 2, Malvern Avenue, 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 2, Malvern Avenue, 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 2, Malvern Avenue, Manchester, there are an average of 1.1 cars per household.
See below for how this compares to North West and the rest of England & Wales.