According to the public record, 62, Park Road, Manchester is a early-century freehold house with 1,528 ft2 of internal area and sits on a 383 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Park Road, Prestwich, Manchester, M25 is located in the borough of Bury within the M25 postal district.
62, Park Road, Manchester has a single entry in the Land Registry database from October 2019 and a single entry in the EPC database dated July 2019.
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 62 Park Road Manchester as £518,112 and the rental value as £1,807 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 62 Park Road Manchester has increased by £1,438 (0.3%) and its rental value has decreased by £22 per month (1.2%).
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 62, Park Road, Manchester is in very good condition we estimate a sale value of £544,017 and rental value of £1,898 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £481,844 and a rental value of £1,681 per month.
If you were able to purchase this property for the estimated value of £518,112, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,546 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, 62, Park Road, Manchester sits on a plot of 383m2.
We have plot size data on 13 out of 17 other houses in the postcode and 62, Park Road, Manchester sits on the 9th largest plot.
According to HM Land Registry, 62, Park Road, Manchester was last sold on 31 Oct 2019 for £380,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2019, the market for similar properties has risen 24.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62, Park Road, Manchester within a radius of 520 metres over the last 2 years.
The most recent example is 56, Park Road, Manchester, M25 0FA, a Freehold house which sold for £485,200 in Jan 2024.
Read more about house prices in M25.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Road, Prestwich, Manchester, M25 has a total of 99 addresses. According to our analysis of all the public data, 62, Park Road, Manchester is the 65th largest and the 54th most expensive property on the street.
When compared to the postcode district it is £213k more expensive than the average property in M25.
62, Park Road, Manchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Jul 2019.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 62, Park Road, Manchester is Clifton (Manchester) station which is 3.8 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 62, Park Road, Manchester, 44.3% of property is privately owned with a mortgage and 39.7% 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 62, Park Road, Manchester, 37.7% of residents are recorded as possessing school level qualifications and 46.2% 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 62, Park Road, Manchester, the average age was 32.4 and the most common age was 12.
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 62, Park Road, Manchester, 0.2% 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 62, Park Road, Manchester, there are an average of 1.7 cars per household.
See below for how this compares to North West and the rest of England & Wales.