According to the public record, 48, Melverley Road, Manchester is a early-century freehold house with 764 ft2 of internal area and sits on a 141 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Melverley Road, Manchester, M9 is located in the borough of Manchester within the M9 postal district.
48, Melverley Road, Manchester has a single entry in the Land Registry database from September 2019 and a single entry in the EPC database dated April 2019.
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 48 Melverley Road Manchester as £172,344 and the rental value as £1,033 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 48 Melverley Road Manchester has increased by £6,671 (3.9%) and its rental value has increased by £29 per month (2.8%).
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 48, Melverley Road, Manchester is in very good condition we estimate a sale value of £180,961 and rental value of £1,084 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £160,280 and a rental value of £960 per month.
If you were able to purchase this property for the estimated value of £172,344, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £847 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, 48, Melverley Road, Manchester sits on a plot of 141m2.
We have plot size data on 27 out of 40 other houses in the postcode and 48, Melverley Road, Manchester sits on the 8th largest plot.
According to HM Land Registry, 48, Melverley Road, Manchester was last sold on 30 Sep 2019 for £119,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2019, the market for similar properties has risen 37.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Melverley Road, Manchester within a radius of 720 metres over the last 2 years.
The most recent example is 100, Glenbrook Road, Manchester, M9 0PN, a Leasehold house which sold for £140,000 in Sep 2023.
Read more about house prices in M9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melverley Road, Manchester, M9 has a total of 66 addresses. According to our analysis of all the public data, 48, Melverley Road, Manchester is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £15k less expensive than the average property in M9.
48, Melverley Road, Manchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Apr 2019.
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 48, Melverley Road, Manchester is Moston station which is 4.6 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 48, Melverley Road, Manchester, 34.8% of property is privately rented and 32.6% is privately owned outright.
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 48, Melverley Road, Manchester, 21.6% of residents are recorded as possessing school level qualifications and 23.6% 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 48, Melverley Road, 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 48, Melverley Road, Manchester, 0.0% 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 48, Melverley Road, 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.