According to the public record, 50, Letchworth Street, Manchester is a period leasehold house with 721 ft2 of internal area and sits on a 63.7 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Letchworth Street, Manchester, M14 is located in the borough of Manchester within the M14 postal district.
50, Letchworth Street, Manchester has 51 entries in the Land Registry database, most recently in September 2023 and a single entry in the EPC database dated April 2023.
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 50 Letchworth Street Manchester as £176,303 and the rental value as £1,090 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of 50 Letchworth Street Manchester has increased by £10,079 (5.7%) and its rental value has increased by £59 per month (5.4%).
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 50, Letchworth Street, Manchester is in very good condition we estimate a sale value of £185,119 and rental value of £1,145 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £163,962 and a rental value of £1,014 per month.
If you were able to purchase this property for the estimated value of £176,303, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £866 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, 50, Letchworth Street, Manchester sits on a plot of 64m2.
We have plot size data on 51 out of 52 other houses in the postcode and 50, Letchworth Street, Manchester sits on the 9th largest plot.
According to HM Land Registry, 50, Letchworth Street, Manchester was last sold on 22 Sep 2023 for £185,000 and was recorded as a leasehold house.
The property has had 5 sales since 1995.
Since Sep 2023, the market for similar properties has risen 5.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 50, Letchworth Street, Manchester within a radius of 310 metres over the last 2 years.
The most recent example is 44, Carnforth Street, Manchester, M14 7PD, a Leasehold house which sold for £155,000 in Feb 2023.
Read more about house prices in M14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Letchworth Street, Manchester, M14 has a total of 52 addresses. According to our analysis of all the public data, 50, Letchworth Street, Manchester is the 23rd largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £57k less expensive than the average property in M14.
50, Letchworth Street, Manchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 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 50, Letchworth Street, Manchester is Ardwick station which is 2.4 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 50, Letchworth Street, Manchester, 49.4% of property is privately rented and 34.7% is socially rented.
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 50, Letchworth Street, Manchester, 35.0% of residents are recorded as possessing school level qualifications and 35.5% 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 50, Letchworth Street, Manchester, the average age was 29 and the most common age was 22.
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 50, Letchworth Street, 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 50, Letchworth Street, Manchester, there are an average of 0.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.