According to the public record, 8, Lynway Drive, Manchester is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 376 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
Lynway Drive, Manchester, M20 is located in the borough of Manchester within the M20 postal district.
8, Lynway Drive, Manchester has a single entry in the Land Registry database from October 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 8 Lynway Drive Manchester as £259,465 and the rental value as £1,396 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 8 Lynway Drive Manchester has increased by £14,749 (5.7%) and its rental value has increased by £70 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, Lynway Drive, Manchester is in very good condition we estimate a sale value of £272,439 and rental value of £1,466 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £241,303 and a rental value of £1,299 per month.
If you were able to purchase this property for the estimated value of £259,465, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,275 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, 8, Lynway Drive, Manchester was last sold on 03 Oct 2008 for £124,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2008, the market for similar properties has risen 100.4%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 8, Lynway Drive, Manchester within a radius of 510 metres over the last 2 years.
The most recent example is 3, Wilderswood Close, Manchester, M20 4XU, a Leasehold house which sold for £204,000 in Nov 2016.
Read more about house prices in M20.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lynway Drive, Manchester, M20 has a total of 14 addresses. According to our analysis of all the public data, 8, Lynway Drive, Manchester is the 14th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £126k less expensive than the average property in M20.
The closest station to 8, Lynway Drive, Manchester is Burnage station which is 1.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Lynway Drive, Manchester, 34.9% of property is privately rented and 29.6% 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, Lynway Drive, Manchester, 18.3% of residents are recorded as possessing school level qualifications and 67.1% 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, Lynway Drive, Manchester, the average age was 35 and the most common age was 22.
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, Lynway Drive, Manchester, 0.3% 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, Lynway Drive, Manchester, there are an average of 1.1 cars per household.
See below for how this compares to North West and the rest of England & Wales.