2, Red Bank Close
2, Red Bank Close
Description & Estimates
2, Red Bank Close, Manchester is recorded publicly as a modern freehold house across 785 ft2 of internal area, sitting on a 164 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Red Bank Close, Manchester is £230,149 and its rental estimate is £1,111 per month, given the available information and assuming reasonable condition.
Red Bank Close, Radcliffe, Manchester, M26 falls within the M26 postal district, in the borough of Bury.
Our Data Sources
2, Red Bank Close, Manchester has a single entry in the Land Registry from November 2017 and a single entry in the EPC database dated September 2017.
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.
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, Red Bank Close, Manchester, we estimate a market value of £241,656 and a rental value of £1,166 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £214,038 and £1,033 per month respectively.
Recent Market Change
Over the last year, 2, Red Bank Close, Manchester has seen its estimated sale value rise by £8,469 (3.7%) and its estimated rental value move up by £41 per month (3.6%). This results in an estimated gross rental yield of 5.8%.
Plot Size
HM Land Registry records the plot of land for 2, Red Bank Close, Manchester as measuring 164 m2.
That makes it the 4th largest plot in the postcode, where all 11 other houses have recorded plot data.
Energy Efficiency
2, Red Bank Close, Manchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Sep 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, Red Bank Close, Manchester completed on 20th November 2017 at £144,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 133.9% over the period since November 2017.
- Sold Nov 2017£144,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Red Bank Close, Manchester have sold within a radius of 500 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th September 2024, was 10, Red Bank Close, Manchester, M26 3GH, a freehold house which sold for £213,500.
Read more about house prices in M26.
- Sold Sep 2024£213,500 | 3 Bed House10, Red Bank Close, Manchester, M26 3GH10, Red Bank Close, Manchester, M26 3GH
- Sold Mar 2020£150,000 | 3 Bed House11, Red Bank Close, Manchester, M26 3GH11, Red Bank Close, Manchester, M26 3GH
- Sold May 2019£145,000 | 3 Bed House1, Red Bank Close, Manchester, M26 3GH1, Red Bank Close, Manchester, M26 3GH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 11 addresses on Red Bank Close, Radcliffe, Manchester, M26, 2, Red Bank Close, Manchester comes out as the 5th largest and the 4th most expensive in our analysis of the public data.
It is also £19k more expensive than the average property across the M26 district.
More reading links
Schools Nearby
- 300mCams Lane Primary School
- 500mRadcliffe Primary School
- 500mSt Mary's Roman Catholic Primary School, A Voluntary Academy
- 1.1kmStar Radcliffe Academy
- 2.9kmThe Derby High School
- 3.0kmLittle Lever School
More reading links
Public Transport Nearby
From 2, Red Bank Close, Manchester, the nearest station is Kearsley (Manchester), 3.3 kilometres away.
- 3.3kmKearsley (Manchester)
- 3.6kmFarnworth
- 4.2kmMoses Gate
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.
