According to the public record, 243, Chapel Lane, Manchester is a mid-century leasehold house with 925 ft2 of internal area and sits on a 241 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Chapel Lane, Manchester, M9 is located in the borough of Manchester within the M9 postal district.
243, Chapel Lane, Manchester has 31 entries in the Land Registry database, most recently in May 2024 and a single entry in the EPC database dated December 2023.
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 243 Chapel Lane Manchester as £157,593 and the rental value as £914 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 243 Chapel Lane Manchester has increased by £7,291 (4.6%) and its rental value has increased by £37 per month (4.1%).
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 243, Chapel Lane, Manchester is in very good condition we estimate a sale value of £165,473 and rental value of £960 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £146,561 and a rental value of £850 per month.
If you were able to purchase this property for the estimated value of £157,593, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £775 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, 243, Chapel Lane, Manchester sits on a plot of 241m2.
We have plot size data on 15 out of 30 other houses in the postcode and 243, Chapel Lane, Manchester sits on the 4th largest plot.
According to HM Land Registry, 243, Chapel Lane, Manchester was last sold on 28 May 2024 for £159,000 and was recorded as a leasehold house.
The property has had 3 sales since 1995.
Since May 2024, the market for similar properties has risen 2.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 243, Chapel Lane, Manchester within a radius of 620 metres over the last 2 years.
The most recent example is 16, Cleethorpes Avenue, Manchester, M9 8JT, a Freehold house which sold for £170,000 in Mar 2024.
Read more about house prices in M9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chapel Lane, Manchester, M9 has a total of 100 addresses. According to our analysis of all the public data, 243, Chapel Lane, Manchester is the 28th largest and the 52nd most expensive property on the street.
When compared to the postcode district it is £29k less expensive than the average property in M9.
243, Chapel Lane, Manchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Dec 2023.
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 243, Chapel Lane, Manchester is Moston station which is 3.9 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 243, Chapel Lane, Manchester, 31.8% of property is socially rented and 24.7% 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 243, Chapel Lane, Manchester, 24.6% of residents are recorded as possessing school level qualifications and 19.2% 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 243, Chapel Lane, Manchester, the average age was 37.8 and the most common age was 12.
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 243, Chapel Lane, Manchester, 0.8% 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 243, Chapel Lane, Manchester, there are an average of 0.9 cars per household.
See below for how this compares to North West and the rest of England & Wales.