38 Reading Close

    38, READING CLOSE, MANCHESTER, M11 1UA

    This terraced freehold property on Reading Close last sold in May 2020 for £138,000. Based on price growth in the M11 district since then, its estimated current value is £174,568 — placing it in the 18th percentile nationally and the 53rd percentile within M11. The property covers 68 m² (732 sq ft), giving an estimated value of £2,567 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    732 sq ft

    68 m²

    Last Sale Price

    £138,000

    May 2020

    Estimated Valuation

    £174,568

    Est. £/sq ft

    £238/sq ft

    £2,567/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area732 sq ft (68 m²)
    EPC dateMay 2014
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 May 2020

    £138,000

    16 Sept 2005

    £95,500

    27 Jun 1997

    New build

    £40,700

    Key Metrics

    Estimated valuation£174,568
    Value per sq ft / m²£238/sq ft (£2,567/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M11 district percentile53rd percentile
    National percentile18th 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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