According to the public record, 38, Martingale Way, Manchester is a modern leasehold house with 710 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Martingale Way, Droylsden, Manchester, M43 is located in the borough of Tameside within the M43 postal district.
38, Martingale Way, Manchester has a single entry in the Land Registry database from November 2018 and a single entry in the EPC database dated July 2018.
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 38 Martingale Way Manchester as £261,921 and the rental value as £1,124 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 38 Martingale Way Manchester has increased by £2,345 (0.9%) and its rental value has increased by £45 per month (4.0%).
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 38, Martingale Way, Manchester is in very good condition we estimate a sale value of £275,017 and rental value of £1,180 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £243,587 and a rental value of £1,045 per month.
If you were able to purchase this property for the estimated value of £261,921, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,287 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, 38, Martingale Way, Manchester was last sold on 02 Nov 2018 for £165,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Nov 2018, the market for similar properties has risen 40.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Martingale Way, Manchester within a radius of 700 metres over the last 2 years.
The most recent example is 21, Riding Fold, Manchester, M43 7JG, a Leasehold house which sold for £243,000 in May 2024.
Read more about house prices in M43.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Martingale Way, Droylsden, Manchester, M43 has a total of 35 addresses. According to our analysis of all the public data, 38, Martingale Way, Manchester is the 28th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £53k more expensive than the average property in M43.
38, Martingale Way, Manchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Jul 2018.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 38, Martingale Way, Manchester is Guide Bridge 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 38, Martingale Way, Manchester, 49.2% of property is privately owned outright and 43.2% 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 38, Martingale Way, Manchester, 17.2% of residents are recorded as possessing school level qualifications and 26.1% 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 38, Martingale Way, 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 38, Martingale Way, Manchester, 1.6% 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 38, Martingale Way, 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.