According to the public record, 584, Edge Lane, Manchester is a period freehold house with 893 ft2 of internal area and sits on a 184 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Edge Lane, Droylsden, Manchester, M43 is located in the borough of Tameside within the M43 postal district.
584, Edge Lane, Manchester has 2 entries in the Land Registry database, most recently in October 2018 and a single entry in the EPC database dated November 2013.
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 584 Edge Lane Manchester as £190,651 and the rental value as £1,119 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 584 Edge Lane Manchester has increased by £5,063 (2.7%) and its rental value has increased by £52 per month (4.7%).
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 584, Edge Lane, Manchester is in very good condition we estimate a sale value of £200,183 and rental value of £1,175 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £177,305 and a rental value of £1,041 per month.
If you were able to purchase this property for the estimated value of £190,651, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £937 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, 584, Edge Lane, Manchester sits on a plot of 184m2.
We have plot size data on 20 out of 31 other houses in the postcode and 584, Edge Lane, Manchester sits on the 4th largest plot.
According to HM Land Registry, 584, Edge Lane, Manchester was last sold on 29 Oct 2018 for £160,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2018, the market for similar properties has risen 48.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 584, Edge Lane, Manchester within a radius of 550 metres over the last 2 years.
The most recent example is 18, Holly Street, Manchester, M43 6NL, a Freehold house which sold for £175,000 in Jun 2023.
Read more about house prices in M43.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Edge Lane, Droylsden, Manchester, M43 has a total of 323 addresses. According to our analysis of all the public data, 584, Edge Lane, Manchester is the 193rd largest and the 95th most expensive property on the street.
When compared to the postcode district it is £19k less expensive than the average property in M43.
584, Edge Lane, Manchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Nov 2013.
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 584, Edge Lane, Manchester is Gorton station which is 2.0 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 584, Edge Lane, Manchester, 33.9% of property is socially rented and 25.2% 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 584, Edge Lane, Manchester, 21.0% of residents are recorded as possessing school level qualifications and 21.0% 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 584, Edge Lane, Manchester, the average age was 40.2 and the most common age was 57.
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 584, Edge Lane, Manchester, 2.9% 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 584, Edge Lane, Manchester, there are an average of 0.8 cars per household.
See below for how this compares to North West and the rest of England & Wales.