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According to the public record, 2, Old Lane, Manchester is a modern leasehold house with 1,237 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Old Lane, Manchester is £274,574 and the estimated rental value is £1,501 per month.
Old Lane, Manchester, M11 is located in the borough of Manchester within the M11 postal district.
2, Old Lane, Manchester has a single entry in the Land Registry from January 2016 and a single entry in the EPC database dated July 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
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 2, Old Lane, Manchester is in very good condition we estimate a sale value of £288,302 and a rental value of £1,576 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £255,353 and a rental value of £1,396 per month.
Over the last 12 months the sale value of 2 Old Lane Manchester has increased by an estimated £3,946 (1.4%) and its rental value has increased by an estimated £47 per month (3.1%), giving an expected gross yield of 6.6%.
2, Old Lane, Manchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Jul 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, radiators, electric.
According to HM Land Registry, 2, Old Lane, Manchester was last sold on 18th January 2016 for £143,500 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since January 2016, the market for similar properties has risen 110.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Old Lane, Manchester within a radius of 490 metres over the last 2 years.
The most recent example is 48, Louisa Street, Manchester, M11 1AN, a leasehold house which sold for £210,000 on the 21st December 2021.
Read more about house prices in M11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Old Lane, Manchester, M11 has a total of 64 addresses. According to our analysis of all the public data, 2, Old Lane, Manchester is the 4th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £79k more expensive than the average property in M11.
The closest station to 2, Old Lane, Manchester is Gorton station which is 700 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 2, Old Lane, Manchester, 68.5% of property is socially rented and 15.0% is privately rented.
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 2, Old Lane, Manchester, 33.0% of residents are recorded as possessing school level qualifications and 21.7% 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 2, Old Lane, Manchester, the average age was 34.2 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 2, Old Lane, Manchester, 0.0% 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 2, Old Lane, Manchester, there are an average of 0.9 cars per household.
See below for how this compares to North West and the rest of England & Wales.