According to the public record, 308A, Edge Lane, Manchester is a period apartment with 376 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 308, Edge Lane, Droylsden, Manchester, M43.
Edge Lane, Droylsden, Manchester, M43 is located in the borough of Tameside within the M43 postal district.
308A, Edge Lane, Manchester has no records in the Land Registry database and a single entry in the EPC database dated June 2018.
We combine this information with public data 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 308A Edge Lane Manchester as £96,143 and the rental value as £678 per month giving an expected gross yield of 8.5%.
Over the last 12 months the sale value of 308A Edge Lane Manchester has increased by £795 (0.8%) and its rental value has increased by £20 per month (3.0%).
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 308A, Edge Lane, Manchester is in very good condition we estimate a sale value of £100,950 and rental value of £711 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £89,413 and a rental value of £630 per month.
If you were able to purchase this property for the estimated value of £96,143, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £473 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 the Land Registry and our network of Estate Agents, there have been 3 property sales within a 510 metres radius of 308A, Edge Lane, Manchester over the last 2 years.
The most recent example is 308, Edge Lane, Manchester, M43 6JH, a Leasehold flat which sold for £61,321 in May 2015.
Read more about house prices in M43.
Edge Lane, Droylsden, Manchester, M43 has a total of 323 addresses. According to our analysis of all the public data, 308A, Edge Lane, Manchester is the 323rd largest and the 318th most expensive property on the street.
When compared to the postcode district it is £113k less expensive than the average property in M43.
308A, Edge Lane, Manchester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 07 Jun 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 308A, Edge Lane, Manchester is Gorton station which is 1.4 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 308A, Edge Lane, Manchester, 38.3% of property is privately rented and 25.5% 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 308A, Edge Lane, Manchester, 25.2% of residents are recorded as possessing school level qualifications and 27.5% 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 308A, Edge Lane, 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 308A, Edge Lane, Manchester, 0.5% 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 308A, Edge Lane, Manchester, there are an average of 0.8 cars per household.
See below for how this compares to North West and the rest of England & Wales.