According to the public record, 56, Woodward Road, Manchester is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 977 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Woodward Road, Prestwich, Manchester, M25 is located in the borough of Bury within the M25 postal district.
56, Woodward Road, Manchester has 21 entries in the Land Registry database, most recently in July 2013 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 56 Woodward Road Manchester as £248,368 and the rental value as £1,380 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 56 Woodward Road Manchester has increased by £9,721 (3.9%) and its rental value has increased by £35 per month (2.6%).
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 56, Woodward Road, Manchester is in very good condition we estimate a sale value of £260,787 and rental value of £1,449 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £230,982 and a rental value of £1,283 per month.
If you were able to purchase this property for the estimated value of £248,368, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,221 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, 56, Woodward Road, Manchester was last sold on 31 Jul 2013 for £110,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2013, the market for similar properties has risen 113.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Woodward Road, Manchester within a radius of 620 metres over the last 2 years.
The most recent example is 54, Venwood Road, Manchester, M25 9UB, a Freehold house which sold for £210,000 in Sep 2022.
Read more about house prices in M25.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Woodward Road, Prestwich, Manchester, M25 has a total of 122 addresses. According to our analysis of all the public data, 56, Woodward Road, Manchester is the 13th largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £57k less expensive than the average property in M25.
The closest station to 56, Woodward Road, Manchester is Clifton (Manchester) station which is 1.5 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 56, Woodward Road, Manchester, 41.8% of property is privately owned with a mortgage and 38.5% 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 56, Woodward Road, Manchester, 17.1% of residents are recorded as possessing school level qualifications and 27.2% 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 56, Woodward Road, Manchester, the average age was 40.5 and the most common age was 37.
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 56, Woodward 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 56, Woodward Road, Manchester, there are an average of 1.1 cars per household.
See below for how this compares to North West and the rest of England & Wales.