According to the public record, 8, Parklands Road, Manchester is a mid-century freehold house with 1,065 ft2 of internal area and sits on a 196 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Parklands Road, Manchester, M23 is located in the borough of Manchester within the M23 postal district.
8, Parklands Road, Manchester has a single entry in the Land Registry database from February 2022 and a single entry in the EPC database dated August 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 Parklands Road Manchester as £239,616 and the rental value as £1,210 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 8 Parklands Road Manchester has increased by £12,539 (5.2%) and its rental value has increased by £42 per month (3.5%).
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, Parklands Road, Manchester is in very good condition we estimate a sale value of £251,597 and rental value of £1,271 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £222,843 and a rental value of £1,125 per month.
If you were able to purchase this property for the estimated value of £239,616, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,178 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, Parklands Road, Manchester sits on a plot of 196m2.
We have plot size data on 6 out of 17 other houses in the postcode and 8, Parklands Road, Manchester sits on the 2nd largest plot.
According to HM Land Registry, 8, Parklands Road, Manchester was last sold on 04 Feb 2022 for £247,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2022, the market for similar properties has risen 15.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Parklands Road, Manchester within a radius of 630 metres over the last 2 years.
The most recent example is 1, Parklands Road, Manchester, M23 0GB, a Freehold house which sold for £170,000 in Oct 2023.
Read more about house prices in M23.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parklands Road, Manchester, M23 has a total of 17 addresses. According to our analysis of all the public data, 8, Parklands Road, Manchester is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £4k more expensive than the average property in M23.
8, Parklands Road, Manchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Aug 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, Parklands Road, Manchester is Navigation Road station which is 3.4 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, Parklands Road, Manchester, 83.4% of property is socially rented and 8.0% 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, Parklands Road, Manchester, 22.8% of residents are recorded as possessing school level qualifications and 24.4% 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, Parklands Road, Manchester, the average age was 35.8 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, Parklands Road, 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 8, Parklands Road, 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.