40 Reading Close

    40, READING CLOSE, MANCHESTER, M11 1UA

    This terraced leasehold property on Reading Close last sold in March 2018 for £130,000. Based on price growth in the M11 district since then, its estimated current value is £192,695 — placing it in the 23rd percentile nationally and the 60th percentile within M11. The property covers 62 m² (667 sq ft), giving an estimated value of £3,108 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    667 sq ft

    62 m²

    Last Sale Price

    £130,000

    Mar 2018

    Estimated Valuation

    £192,695

    Est. £/sq ft

    £289/sq ft

    £3,108/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area667 sq ft (62 m²)
    EPC dateNov 2013
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Mar 2018

    £130,000

    1 Sept 2006

    £97,500

    27 Jun 1997

    New build

    £41,950

    Key Metrics

    Estimated valuation£192,695
    Value per sq ft / m²£289/sq ft (£3,108/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M11 district percentile60th percentile
    National percentile23rd 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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