According to the public record, 40, Martingale Way, Manchester is a leasehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,431 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Martingale Way, Droylsden, Manchester, M43 is located in the borough of Tameside within the M43 postal district.
40, Martingale Way, Manchester has 21 entries in the Land Registry database, most recently in February 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 40 Martingale Way Manchester as £361,326 and the rental value as £1,330 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 40 Martingale Way Manchester has increased by £358 (0.1%) and its rental value has increased by £43 per month (3.2%).
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, Martingale Way, Manchester is in very good condition we estimate a sale value of £379,392 and rental value of £1,396 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £336,033 and a rental value of £1,237 per month.
If you were able to purchase this property for the estimated value of £361,326, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,776 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, Martingale Way, Manchester was last sold on 24 Feb 2006 for £175,000 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, Martingale Way, Manchester within a radius of 700 metres over the last 2 years.
The most recent example is 17, Ostlers Gate, Manchester, M43 7EU, a Leasehold house which sold for £375,000 in Mar 2022.
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, 40, Martingale Way, Manchester is the 2nd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £152k more expensive than the average property in M43.
The closest station to 40, 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 40, 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 40, 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 40, 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 40, 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 40, 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.