According to the public record, 2, St. Margarets Road, Manchester is a early-century freehold house with 656 ft2 of internal area and sits on a 161 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
St. Margarets Road, Manchester, M40 is located in the borough of Manchester within the M40 postal district.
2, St. Margarets Road, Manchester has 3 entries in the Land Registry database, most recently in April 2023 and a single entry in the EPC database dated May 2016.
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 St. Margarets Road Manchester as £165,117 and the rental value as £826 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 2 St. Margarets Road Manchester has increased by £5,617 (3.4%) and its rental value has increased by £37 per month (4.5%).
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, St. Margarets Road, Manchester is in very good condition we estimate a sale value of £173,373 and rental value of £867 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £153,559 and a rental value of £768 per month.
If you were able to purchase this property for the estimated value of £165,117, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £811 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, St. Margarets Road, Manchester sits on a plot of 161m2.
We have plot size data on 3 out of 17 other houses in the postcode and 2, St. Margarets Road, Manchester sits on the 2nd largest plot.
According to HM Land Registry, 2, St. Margarets Road, Manchester was last sold on 21 Apr 2023 for £172,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Apr 2023, the market for similar properties has risen 4.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, St. Margarets Road, Manchester within a radius of 540 metres over the last 2 years.
The most recent example is 28, St. Margarets Road, Manchester, M40 0JE, a Leasehold house which sold for £145,000 in May 2024.
Read more about house prices in M40.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
St. Margarets Road, Manchester, M40 has a total of 50 addresses. According to our analysis of all the public data, 2, St. Margarets Road, Manchester is the 47th largest and the 50th most expensive property on the street.
When compared to the postcode district it is £28k less expensive than the average property in M40.
2, St. Margarets Road, Manchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 May 2016.
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, St. Margarets Road, Manchester is Moston station which is 300 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, St. Margarets Road, Manchester, 30.0% of property is socially rented and 26.9% is privately 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 2, St. Margarets Road, Manchester, 23.8% of residents are recorded as possessing school level qualifications and 22.1% 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, St. Margarets Road, Manchester, the average age was 37.6 and the most common age was 42.
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, St. Margarets Road, 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, St. Margarets Road, Manchester, there are an average of 1.0 cars per household.
See below for how this compares to North West and the rest of England & Wales.