According to the public record, 7, Rayleigh Avenue, Manchester is a early-century leasehold house with 850 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Rayleigh Avenue, Openshaw, Manchester, M11 is located in the borough of Manchester within the M11 postal district.
7, Rayleigh Avenue, Manchester has a single entry in the Land Registry database from February 2024 and a single entry in the EPC database dated February 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 7 Rayleigh Avenue Manchester as £201,865 and the rental value as £1,109 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 7 Rayleigh Avenue Manchester has increased by £4,358 (2.2%) and its rental value has increased by £59 per month (5.3%).
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 7, Rayleigh Avenue, Manchester is in very good condition we estimate a sale value of £211,958 and rental value of £1,165 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £187,734 and a rental value of £1,032 per month.
If you were able to purchase this property for the estimated value of £201,865, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £992 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, 7, Rayleigh Avenue, Manchester was last sold on 12 Feb 2024 for £195,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Feb 2024, the market for similar properties has risen 3.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Rayleigh Avenue, Manchester within a radius of 540 metres over the last 2 years.
The most recent example is 10, Albany Avenue, Manchester, M11 1HQ, a Leasehold house which sold for £125,000 in Feb 2020.
Read more about house prices in M11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rayleigh Avenue, Openshaw, Manchester, M11 has a total of 8 addresses. According to our analysis of all the public data, 7, Rayleigh Avenue, Manchester is the 8th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £21k more expensive than the average property in M11.
7, Rayleigh Avenue, Manchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Feb 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 7, Rayleigh Avenue, Manchester is Fairfield station which is 500 metres 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 7, Rayleigh Avenue, Manchester, 40.6% of property is privately owned with a mortgage and 34.1% 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 7, Rayleigh Avenue, Manchester, 22.5% of residents are recorded as possessing school level qualifications and 32.8% 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 7, Rayleigh Avenue, Manchester, the average age was 34.2 and the most common age was 7.
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 7, Rayleigh Avenue, Manchester, 1.2% 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 7, Rayleigh Avenue, Manchester, there are an average of 1.0 cars per household.
See below for how this compares to North West and the rest of England & Wales.