2, Melrose Road
2, Melrose Road
Description & Estimates
The public record describes 2, Melrose Road, Manchester as a mid-century apartment with 505 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
2, Melrose Road, Manchester has an estimated sale value of £81,422 and an estimated rental value of £581 per month, assuming reasonable condition and based on the information available.
The apartment sits within 2, Melrose Road, Radcliffe, Manchester, M26.
Melrose Road, Radcliffe, Manchester, M26 lies in the borough of Bury, within the M26 postal district.
Our Data Sources
2, Melrose Road, Manchester has no records in the the Land Registry and a single entry in the EPC database dated July 2023.
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
In very good condition, we estimate 2, Melrose Road, Manchester would be worth £85,493, with a potential rental value of £610 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £75,723, with a rental value of £540 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2, Melrose Road, Manchester has moved up by £3,242 (4.0%) over the last year. During the same period, its estimated monthly rental value has increased by £16 (2.7%). The property's estimated gross yield is currently 8.6%.
Energy Efficiency
2, Melrose Road, Manchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Jul 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 460 metres of 2, Melrose Road, Manchester across the last 2 years.
Most recently, 65, Trencherbone, Manchester, M26 3WT, a leasehold flat, sold at £52,000 on the 27th March 2023.
Read more about house prices in M26.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 2, Melrose Road, Manchester as the 19th largest and the 19th most expensive of the 31 addresses on Melrose Road, Radcliffe, Manchester, M26.
Against the M26 postcode district average, it is £130k less expensive than the typical property.
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Schools Nearby
- 300mRadcliffe Primary School
- 300mWesley Methodist Primary School
- 600mSt Andrew's Church of England Primary School, Radcliffe
- 1.5kmStar Radcliffe Academy
- 2.7kmLittle Lever School
- 2.9kmThe Derby High School
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Public Transport Nearby
Kearsley (Manchester) station is the nearest stop to 2, Melrose Road, Manchester at 3.4 kilometres away.
- 3.4kmKearsley (Manchester)
- 3.6kmFarnworth
- 4.0kmMoses Gate
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
