According to the public record, 40, Hermitage Road, Manchester is a period house with 1,399 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Hermitage Road, Manchester, M8 is located in the borough of Manchester within the M8 postal district.
40, Hermitage Road, Manchester has no recent1 records in the Land Registry database and a single entry in the EPC database dated April 2023.
We combine this information with public data 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 40 Hermitage Road Manchester as £280,172 and the rental value as £1,136 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 40 Hermitage Road Manchester has increased by £9,845 (3.5%) and its rental value has increased by £18 per month (1.6%).
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 40, Hermitage Road, Manchester is in very good condition we estimate a sale value of £294,181 and rental value of £1,192 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £260,560 and a rental value of £1,056 per month.
If you were able to purchase this property for the estimated value of £280,172, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,377 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, 40, Hermitage Road, Manchester was last sold on 02 Feb 2000 for £25,500 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Hermitage Road, Manchester within a radius of 450 metres over the last 2 years.
The most recent example is 3, Cliffdale Drive, Manchester, M8 4QF, a Leasehold house which sold for £258,000 in Oct 2023.
Read more about house prices in M8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hermitage Road, Manchester, M8 has a total of 55 addresses. According to our analysis of all the public data, 40, Hermitage Road, Manchester is the 23rd largest and the 21st most expensive property on the street.
When compared to the postcode district it is £51k more expensive than the average property in M8.
40, Hermitage Road, Manchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Apr 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 40, Hermitage Road, Manchester is Manchester Victoria station which is 3.2 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 40, Hermitage Road, Manchester, 35.8% of property is privately rented and 32.5% 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 40, Hermitage Road, Manchester, 34.7% of residents are recorded as possessing school level qualifications and 24.7% 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 40, Hermitage Road, Manchester, the average age was 31.5 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 40, Hermitage Road, Manchester, 0.2% 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 40, Hermitage 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.