According to the public record, 8, Cherry Tree Road, Manchester is a mid-century leasehold house with 1,076 ft2 of internal area and sits on a 359 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Cherry Tree Road, Manchester, M23 is located in the borough of Manchester within the M23 postal district.
8, Cherry Tree Road, Manchester has 31 entries in the Land Registry database, most recently in November 2009 and a single entry in the EPC database dated May 2021.
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 Cherry Tree Road Manchester as £364,590 and the rental value as £1,357 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 8 Cherry Tree Road Manchester has increased by £11,126 (3.1%) and its rental value has increased by £18 per month (1.3%).
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 8, Cherry Tree Road, Manchester is in very good condition we estimate a sale value of £382,819 and rental value of £1,425 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £339,069 and a rental value of £1,262 per month.
If you were able to purchase this property for the estimated value of £364,590, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,792 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, Cherry Tree Road, Manchester sits on a plot of 359m2.
We have plot size data on 16 out of 20 other houses in the postcode and 8, Cherry Tree Road, Manchester sits on the 7th largest plot.
According to HM Land Registry, 8, Cherry Tree Road, Manchester was last sold on 26 Nov 2009 for £172,000 and was recorded as a leasehold house.
The property has had 3 sales since 1995.
Since Nov 2009, the market for similar properties has risen 113.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Cherry Tree Road, Manchester within a radius of 550 metres over the last 2 years.
The most recent example is 5, Moor Road, Manchester, M23 9BQ, a Leasehold house which sold for £60,000 in Aug 2023.
Read more about house prices in M23.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cherry Tree Road, Manchester, M23 has a total of 39 addresses. According to our analysis of all the public data, 8, Cherry Tree Road, Manchester is the 32nd largest and the 26th most expensive property on the street.
When compared to the postcode district it is £129k more expensive than the average property in M23.
8, Cherry Tree Road, Manchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 May 2021.
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, Cherry Tree Road, Manchester is Navigation Road station which is 3.6 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, Cherry Tree Road, Manchester, 58.9% of property is privately owned outright and 27.4% 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 8, Cherry Tree Road, Manchester, 19.2% of residents are recorded as possessing school level qualifications and 37.4% 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, Cherry Tree Road, Manchester, the average age was 36.5 and the most common age was 32.
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, Cherry Tree Road, Manchester, 1.0% 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 8, Cherry Tree Road, 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.