497, Palatine Road, Manchester has a single entry in the Land Registry database from July 2012 and a single entry in the EPC database dated March 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
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 497, Palatine Road, Manchester is in very good condition we estimate a sale value of £499,077 and rental value of £1,639 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £442,039 and a rental value of £1,452 per month.
If you were able to purchase this property for the estimated value of £475,311, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,336 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, 497, Palatine Road, Manchester was last sold on 26 Jul 2012 for £250,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Jul 2012, the market for similar properties has risen 94.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 497, Palatine Road, Manchester within a radius of 680 metres over the last 2 years.
The most recent example is 8, Shawdene Road, Manchester, M22 4BU, a Freehold house which sold for £460,000 in Apr 2023.
Read more about house prices in M22.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Palatine Road, Manchester, M22 has a total of 245 addresses. According to our analysis of all the public data, 497, Palatine Road, Manchester is the 22nd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £254k more expensive than the average property in M22.
497, Palatine Road, Manchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Mar 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
According to the public record, 497, Palatine Road, Manchester is a period leasehold house with 1,377 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Palatine Road, Manchester, M22 is located in the borough of Manchester within the M22 postal district.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 497 Palatine Road Manchester as £475,311 and the rental value as £1,561 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 497 Palatine Road Manchester has increased by £13,004 (2.7%) and its rental value has increased by £28 per month (1.8%).
The closest station to 497, Palatine Road, Manchester is Gatley station which is 2.7 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 497, Palatine Road, Manchester, 45.0% of property is privately owned outright and 32.1% 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 497, Palatine Road, Manchester, 19.1% of residents are recorded as possessing school level qualifications and 45.5% 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 497, Palatine Road, Manchester, the average age was 41.1 and the most common age was 32.
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 497, Palatine Road, Manchester, 0.5% 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 497, Palatine Road, 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.