2, Derwent Road
2, Derwent Road
Description & Estimates
2, Derwent Road, Manchester is described in the public record as a mid-century apartment with 755 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 2, Derwent Road, Manchester is £89,166 and its rental estimate is £672 per month, given the available information and assuming reasonable condition.
Derwent Road, Middleton, Manchester, M24 falls within the M24 postal district, in the borough of Rochdale.
Our Data Sources
2, Derwent Road, Manchester has no records in the the Land Registry and a single entry in the EPC database dated November 2011.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 2, Derwent Road, Manchester, we estimate a market value of £93,624 and a rental value of £705 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £82,924 and £625 per month respectively.
Recent Market Change
Over the last year, 2, Derwent Road, Manchester has seen its estimated sale value decrease by £2,115 (2.4%) and its estimated rental value grow by £5 per month (0.7%). This results in an estimated gross rental yield of 9.0%.
Energy Efficiency
2, Derwent Road, Manchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Nov 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 480 metres of 2, Derwent Road, Manchester, per the Land Registry and our network of Estate Agents.
The latest, on the 27th September 2024, was 13, Derwent Road, Manchester, M24 5LP, a freehold house which sold for £170,000.
Read more about house prices in M24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 46 addresses on Derwent Road, Middleton, Manchester, M24, 2, Derwent Road, Manchester comes out as the 34th largest and the 39th most expensive in our analysis of the public data.
It is also £110k less expensive than the average property across the M24 district.
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Schools Nearby
- 900mBowlee Park Community Primary School
- 900mSt Mary's Roman Catholic Primary School, Middleton
- 1.2kmMiddleton Parish Church School
- 700mSt Anne's Church of England Academy
- 800mEdgar Wood Academy
- 1.9kmCardinal Langley Roman Catholic High School
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Public Transport Nearby
From 2, Derwent Road, Manchester, the nearest station is Mills Hill (Manchester), 3.0 kilometres away.
- 3.0kmMills Hill (Manchester)
- 3.8kmCastleton (Manchester)
- 5.3kmMoston
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
