1, Droughts Lane
1, Droughts Lane
Description & Estimates
1, Droughts Lane, Manchester is recorded publicly as a period leasehold house across 1,205 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 1, Droughts Lane, Manchester is £347,820 and its rental estimate is £1,779 per month, given the available information and assuming reasonable condition.
Droughts Lane, Prestwich, Manchester, M25 falls within the M25 postal district, in the borough of Bury.
Our Data Sources
1, Droughts Lane, Manchester has a single entry in the Land Registry from January 2020 and a single entry in the EPC database dated February 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Droughts Lane, Manchester, we estimate a market value of £365,212 and a rental value of £1,868 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £323,473 and £1,655 per month respectively.
Recent Market Change
Over the last year, 1, Droughts Lane, Manchester has seen its estimated sale value move up by £2,495 (0.7%) and its estimated rental value increase by £62 per month (3.5%). This results in an estimated gross rental yield of 6.1%.
Energy Efficiency
1, Droughts Lane, Manchester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 04 Feb 2019.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 1, Droughts Lane, Manchester completed on 6th January 2020 at £265,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 22.5% over the period since January 2020.
- Sold Jan 2020£265,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Droughts Lane, Manchester have sold within a radius of 1.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th February 2020, was 22, Droughts Lane, Manchester, M25 2ST, a leasehold house which sold for £185,000.
Read more about house prices in M25.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 27 addresses on Droughts Lane, Prestwich, Manchester, M25, 1, Droughts Lane, Manchester comes out as the 6th largest and the 5th most expensive in our analysis of the public data.
It is also £88k more expensive than the average property across the M25 district.
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Schools Nearby
- 700mSt Margaret's Church of England Primary School
- 1.2kmMersey Drive Community Primary School
- 1.5kmSt Michael's Roman Catholic Primary School, A Voluntary Academy
- 600mParrenthorn High School
- 1.7kmUnsworth Academy
- 2.1kmThe Heys School
More reading links
Public Transport Nearby
From 1, Droughts Lane, Manchester, the nearest station is Clifton (Manchester), 4.8 kilometres away.
- 4.8kmClifton (Manchester)
- 5.7kmMills Hill (Manchester)
- 6.4kmMoston
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
