According to the public record, 54, Faraday Avenue, Manchester is a period freehold house with 1,130 ft2 of internal area and sits on a 75.2 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Faraday Avenue, Manchester, M8 is located in the borough of Manchester within the M8 postal district.
54, Faraday Avenue, Manchester has a single entry in the Land Registry database from November 2015 and a single entry in the EPC database dated October 2015.
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 54 Faraday Avenue Manchester as £163,020 and the rental value as £803 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 54 Faraday Avenue Manchester has increased by £7,270 (4.5%) and its rental value has increased by £16 per month (2.0%).
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 54, Faraday Avenue, Manchester is in very good condition we estimate a sale value of £171,170 and rental value of £843 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £151,608 and a rental value of £747 per month.
If you were able to purchase this property for the estimated value of £163,020, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £801 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, 54, Faraday Avenue, Manchester sits on a plot of 75m2.
We have plot size data on 21 out of 31 other houses in the postcode and 54, Faraday Avenue, Manchester sits on the 16th largest plot.
According to HM Land Registry, 54, Faraday Avenue, Manchester was last sold on 19 Nov 2015 for £94,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2015, the market for similar properties has risen 84.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 54, Faraday Avenue, Manchester within a radius of 460 metres over the last 2 years.
The most recent example is 9, Kelvin Grove, Manchester, M8 0SX, a Freehold house which sold for £170,000 in May 2024.
Read more about house prices in M8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Faraday Avenue, Manchester, M8 has a total of 62 addresses. According to our analysis of all the public data, 54, Faraday Avenue, Manchester is the 22nd largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £66k less expensive than the average property in M8.
54, Faraday Avenue, Manchester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 Oct 2015.
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 54, Faraday Avenue, Manchester is Manchester Victoria station which is 1.6 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 54, Faraday Avenue, Manchester, 49.3% of property is privately rented and 22.6% 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 54, Faraday Avenue, Manchester, 35.9% of residents are recorded as possessing school level qualifications and 20.0% 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 54, Faraday Avenue, Manchester, the average age was 31.7 and the most common age was 27.
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 54, Faraday Avenue, 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 54, Faraday Avenue, 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.