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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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12, Park Road, Manchester is recorded publicly as an early-century leasehold house across 1,969 ft2 of internal area.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 12, Park Road, Manchester is £513,401 and its rental estimate is £2,039 per month, given the available information and assuming reasonable condition.
Park Road, Manchester, M8 falls within the M8 postal district, in the borough of Manchester.
12, Park Road, Manchester has a single entry in the Land Registry from May 2020 and a single entry in the EPC database dated October 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 12, Park Road, Manchester, we estimate a market value of £539,071 and a rental value of £2,141 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £477,463 and £1,896 per month respectively.
Over the last year, 12, Park Road, Manchester has seen its estimated sale value increase by £2,141 (0.4%) and its estimated rental value grow by £56 per month (2.8%). This results in an estimated gross rental yield of 4.8%.
12, Park Road, Manchester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 28 Oct 2019.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 12, Park Road, Manchester completed on 27th May 2020 at £415,000 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 0.5% over the period since May 2020.
Over the past 2 years 3 properties similar to 12, Park Road, Manchester have sold within a radius of 510 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th January 2022, was 22, Park Road, Manchester, M8 4HU, a leasehold house which sold for £500,000.
Read more about house prices in M8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 42 addresses on Park Road, Manchester, M8, 12, Park Road, Manchester comes out as the 16th largest and the 17th most expensive in our analysis of the public data.
It is also £254k more expensive than the average property across the M8 district.
From 12, Park Road, Manchester, the nearest station is Manchester Victoria, 3.6 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 12, Park Road, Manchester, 51.1% of property is privately rented and 25.6% is privately owned outright.
The graph below shows how this compares to North West 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 12, Park Road, Manchester, 27.1% of residents are recorded as possessing school level qualifications and 35.3% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 12, Park Road, Manchester, the average age was 35.1 and the most common age was 7.
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 12, Park Road, Manchester, 0.2% 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 12, Park Road, 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.
