According to the public record, 24, Gibwood Road, Manchester is a early-century leasehold house with 2,011 ft2 of internal area.
Houses of this size in this area normally have 5 bedrooms with a garden.
Gibwood Road, Manchester, M22 is located in the borough of Manchester within the M22 postal district.
24, Gibwood Road, Manchester has 31 entries in the Land Registry database, most recently in September 2017 and a single entry in the EPC database dated October 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 24 Gibwood Road Manchester as £688,204 and the rental value as £1,798 per month giving an expected gross yield of 3.1%.
Over the last 12 months the sale value of 24 Gibwood Road Manchester has increased by £18,829 (2.7%) and its rental value has increased by £32 per month (1.8%).
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 24, Gibwood Road, Manchester is in very good condition we estimate a sale value of £722,615 and rental value of £1,888 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £640,030 and a rental value of £1,672 per month.
If you were able to purchase this property for the estimated value of £688,204, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,382 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 HM Land Registry, 24, Gibwood Road, Manchester was last sold on 22 Sep 2017 for £450,000 and was recorded as a leasehold house.
The property has had 3 sales since 1995.
Since Sep 2017, the market for similar properties has risen 42.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Gibwood Road, Manchester within a radius of 730 metres over the last 2 years.
The most recent example is 22, Gibwood Road, Manchester, M22 4BT, a Leasehold house which sold for £415,000 in Jan 2018.
Read more about house prices in M22.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gibwood Road, Manchester, M22 has a total of 56 addresses. According to our analysis of all the public data, 24, Gibwood Road, Manchester is the 11th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £466k more expensive than the average property in M22.
24, Gibwood Road, Manchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Oct 2011.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 24, Gibwood Road, Manchester is Gatley station which is 2.7 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 24, Gibwood Road, Manchester, 45.0% of property is privately owned outright and 32.1% 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 24, Gibwood Road, Manchester, 19.1% of residents are recorded as possessing school level qualifications and 45.5% 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 24, Gibwood 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 24, Gibwood Road, Manchester, 0.5% 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 24, Gibwood Road, Manchester, there are an average of 1.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.