According to the public record, 8, Herbert Street, Manchester is a modern freehold house with 624 ft2 of internal area and sits on a 121 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Herbert Street, Droylsden, Manchester, M43 is located in the borough of Tameside within the M43 postal district.
8, Herbert Street, Manchester has 31 entries in the Land Registry database, most recently in September 2022 and a single entry in the EPC database dated May 2022.
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 Herbert Street Manchester as £168,740 and the rental value as £1,017 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 8 Herbert Street Manchester has increased by £5,572 (3.3%) and its rental value has increased by £60 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 8, Herbert Street, Manchester is in very good condition we estimate a sale value of £177,177 and rental value of £1,068 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £156,928 and a rental value of £946 per month.
If you were able to purchase this property for the estimated value of £168,740, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £829 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, Herbert Street, Manchester sits on a plot of 121m2.
We have plot size data on 7 out of 9 other houses in the postcode and 8, Herbert Street, Manchester sits on the 4th largest plot.
According to HM Land Registry, 8, Herbert Street, Manchester was last sold on 09 Sep 2022 for £162,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Sep 2022, the market for similar properties has risen 3.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Herbert Street, Manchester within a radius of 500 metres over the last 2 years.
The most recent example is 4, Kershaw Street, Manchester, M43 6FQ, a Freehold house which sold for £175,000 in Nov 2022.
Read more about house prices in M43.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Herbert Street, Droylsden, Manchester, M43 has a total of 9 addresses. According to our analysis of all the public data, 8, Herbert Street, Manchester is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £41k less expensive than the average property in M43.
8, Herbert Street, Manchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 May 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 8, Herbert Street, Manchester is Fairfield station which is 1.1 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, Herbert Street, Manchester, 36.7% of property is privately rented and 32.5% 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, Herbert Street, Manchester, 25.7% of residents are recorded as possessing school level qualifications and 15.7% 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, Herbert Street, Manchester, the average age was 40.2 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, Herbert Street, 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, Herbert Street, Manchester, there are an average of 0.9 cars per household.
See below for how this compares to North West and the rest of England & Wales.