According to the public record, 71, Old Lane, Manchester is a period freehold house with 973 ft2 of internal area and sits on a 91.3 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Old Lane, Manchester, M11 is located in the borough of Manchester within the M11 postal district.
71, Old Lane, Manchester has 21 entries in the Land Registry database, most recently in February 2010 and a single entry in the EPC database dated November 2008.
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 71 Old Lane Manchester as £190,300 and the rental value as £1,083 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 71 Old Lane Manchester has increased by £6,601 (3.5%) and its rental value has increased by £63 per month (5.9%).
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 71, Old Lane, Manchester is in very good condition we estimate a sale value of £199,815 and rental value of £1,137 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £176,979 and a rental value of £1,007 per month.
If you were able to purchase this property for the estimated value of £190,300, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £935 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, 71, Old Lane, Manchester sits on a plot of 91m2.
We have plot size data on 24 out of 33 other houses in the postcode and 71, Old Lane, Manchester sits on the 7th largest plot.
According to HM Land Registry, 71, Old Lane, Manchester was last sold on 09 Feb 2010 for £66,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Feb 2010, the market for similar properties has risen 123.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 71, Old Lane, Manchester within a radius of 480 metres over the last 2 years.
The most recent example is 93, Old Lane, Manchester, M11 1DE, a Freehold house which sold for £165,000 in Aug 2023.
Read more about house prices in M11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Old Lane, Manchester, M11 has a total of 64 addresses. According to our analysis of all the public data, 71, Old Lane, Manchester is the 21st largest and the 41st most expensive property on the street.
When compared to the postcode district it is £9k more expensive than the average property in M11.
71, Old Lane, Manchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Nov 2008.
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 71, Old Lane, Manchester is Gorton station which is 600 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 71, Old Lane, Manchester, 52.1% of property is socially rented and 33.8% is privately rented.
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 71, Old Lane, Manchester, 36.4% of residents are recorded as possessing school level qualifications and 26.0% 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 71, Old Lane, 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 71, Old Lane, 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 71, Old Lane, Manchester, there are an average of 0.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.