61, Rainbow Drive
61, Rainbow Drive
Description & Estimates
According to the public record, 61, Rainbow Drive, Manchester is a leasehold house.
By comparing it to neighbours, we estimate that it is a modern house with 825 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 61, Rainbow Drive, Manchester is £193,110 and the estimated rental value is £1,095 per month.
Rainbow Drive, Atherton, Manchester, M46 is located in the borough of Wigan within the M46 postal district.
Our Data Sources
61, Rainbow Drive, Manchester has 31 entries in the Land Registry , most recently in October 2018 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
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 61, Rainbow Drive, Manchester is in very good condition we estimate a sale value of £202,765 and a rental value of £1,150 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £179,592 and a rental value of £1,018 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 61, Rainbow Drive, Manchester has risen by £5,189 (2.7%), while its estimated rental value has moved up by £41 per month (3.7%). Based on current estimates, the property offers a gross rental yield of 6.8%.
Sold Prices
According to HM Land Registry, 61, Rainbow Drive, Manchester was last sold on 19th October 2018 for £99,950 and was recorded as a leasehold house.
The property has had 3 sales since 1995.
Since October 2018, the market for similar properties has risen by 78.2%.
- Sold Oct 2018£99,950
- Sold Oct 2008£95,000
- Sold May 2003£70,950
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 61, Rainbow Drive, Manchester within a radius of 540 metres over the last 2 years.
The most recent example is 40, Rainbow Drive, Manchester, M46 9ND, a leasehold house which sold for £180,000 on the 27th August 2024.
Read more about house prices in M46.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Rainbow Drive, Atherton, Manchester, M46 has a total of 49 addresses. According to our analysis of all the public data, 61, Rainbow Drive, Manchester is the 8th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £5k less expensive than the average property in M46.
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Schools Nearby
- 400mMeadowbank Primary School
- 500mSt Richard's Roman Catholic Primary School Atherton
- 700mSt Philip's CofE Primary School, Atherton
- 1.3kmAtherton High School
- 2.1kmFred Longworth High School
- 2.7kmWesthoughton High School
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Public Transport Nearby
The closest station to 61, Rainbow Drive, Manchester is Hag Fold station, which is 500 metres away.
- 500mHag Fold
- 700mAtherton
- 2.0kmDaisy Hill
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
