48, Rackhouse Road
48, Rackhouse Road
Description & Estimates
48, Rackhouse Road, Manchester is described in the public record as a period apartment with 570 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 48, Rackhouse Road, Manchester is £144,653 and its rental estimate is £951 per month, given the available information and assuming reasonable condition.
Rackhouse Road, Manchester, M23 falls within the M23 postal district, in the borough of Manchester.
Our Data Sources
48, Rackhouse Road, Manchester has no records in the the Land Registry and a single entry in the EPC database dated March 2016.
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 48, Rackhouse Road, Manchester, we estimate a market value of £151,886 and a rental value of £998 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £134,527 and £884 per month respectively.
Recent Market Change
Over the last year, 48, Rackhouse Road, Manchester has seen its estimated sale value grow by £2,070 (1.4%) and its estimated rental value climb by £40 per month (4.2%). This results in an estimated gross rental yield of 7.9%.
Energy Efficiency
48, Rackhouse Road, Manchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Mar 2016.
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
Over the past 2 years 3 properties similar to 48, Rackhouse Road, Manchester have sold within a radius of 700 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th January 2020, was 35, Lindwall Close, Manchester, M23 0EF, a leasehold flat which sold for £90,000.
Read more about house prices in M23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 55 addresses on Rackhouse Road, Manchester, M23, 48, Rackhouse Road, Manchester comes out as the 50th largest and the 52nd most expensive in our analysis of the public data.
It is also £101k less expensive than the average property across the M23 district.
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Schools Nearby
- 100mSt. Aidan's Catholic Primary School, a Voluntary Academy
- 400mRack House Primary School
- 1.0kmButton Lane Primary School
- 1.6kmDixons Brooklands Academy
- 2.1kmSale High School
- 2.7kmSaint Paul's Catholic High School
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Public Transport Nearby
From 48, Rackhouse Road, Manchester, the nearest station is Gatley, 3.4 kilometres away.
- 3.4kmGatley
- 3.5kmEast Didsbury
- 4.2kmBurnage
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.
