2 Reading Close

    2, READING CLOSE, MANCHESTER, MANCHESTER, M11 1UA

    This terraced leasehold property on Reading Close last sold in November 1997 for £39,950. Based on price growth in the M11 district since then, its estimated current value is £420,668 — placing it in the 70th percentile nationally and the 98th percentile within M11. The property covers 56 m² (603 sq ft), giving an estimated value of £7,512 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £39,950

    Nov 1997

    Estimated Valuation

    £420,668

    Est. £/sq ft

    £698/sq ft

    £7,512/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area603 sq ft (56 m²)
    EPC dateMar 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Nov 1997

    New build

    £39,950

    Key Metrics

    Estimated valuation£420,668
    Value per sq ft / m²£698/sq ft (£7,512/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M11 district percentile98th percentile
    National percentile70th percentile

    District Context — M11

    M11 covers parts of east Manchester, including areas around Openshaw and Droylsden. It is a residential district with strong community character, offering affordable housing and growing rental demand.

    Average Property Price - M11

    £185,058

    9

    National percentile

    Average Net Household Income - M11

    £29,070

    6

    National percentile

    10-Year Annualised Price Growth - M11

    3.8%

    60

    National percentile

    10-Year Annualised Rent Growth - M

    5.5%

    98

    National percentile

    View full analysis for M11

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