According to the public record, 8, Bower Terrace, Manchester is a period freehold house with 1,001 ft2 of internal area and sits on a 77.7 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Bower Terrace, Droylsden, Manchester, M43 is located in the borough of Tameside within the M43 postal district.
8, Bower Terrace, Manchester has 3 entries in the Land Registry database, most recently in November 2023 and a single entry in the EPC database dated April 2016.
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 8 Bower Terrace Manchester as £159,517 and the rental value as £899 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 8 Bower Terrace Manchester has increased by £2,908 (1.8%) and its rental value has increased by £45 per month (5.0%).
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 8, Bower Terrace, Manchester is in very good condition we estimate a sale value of £167,492 and rental value of £944 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £148,350 and a rental value of £836 per month.
If you were able to purchase this property for the estimated value of £159,517, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £784 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, 8, Bower Terrace, Manchester sits on a plot of 78m2.
We have plot size data on 10 out of 14 other houses in the postcode and 8, Bower Terrace, Manchester sits on the 7th largest plot.
According to HM Land Registry, 8, Bower Terrace, Manchester was last sold on 01 Nov 2023 for £180,900 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Nov 2023, the market for similar properties has risen 3.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Bower Terrace, Manchester within a radius of 540 metres over the last 2 years.
The most recent example is 22, Bower Terrace, Manchester, M43 7GQ, a Freehold house which sold for £140,000 in Aug 2023.
Read more about house prices in M43.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bower Terrace, Droylsden, Manchester, M43 has a total of 14 addresses. According to our analysis of all the public data, 8, Bower Terrace, Manchester is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £50k less expensive than the average property in M43.
8, Bower Terrace, Manchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Apr 2016.
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 8, Bower Terrace, Manchester is Fairfield 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 8, Bower Terrace, Manchester, 37.8% of property is privately owned with a mortgage and 37.0% 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 8, Bower Terrace, Manchester, 23.0% of residents are recorded as possessing school level qualifications and 24.6% 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 8, Bower Terrace, Manchester, the average age was 42 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 8, Bower Terrace, Manchester, 0.6% 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 8, Bower Terrace, Manchester, there are an average of 1.2 cars per household.
See below for how this compares to North West and the rest of England & Wales.