56 Far Lane

    56, FAR LANE, MANCHESTER, M18 7FF

    This terraced freehold property on Far Lane last sold in February 2024 for £210,000. Based on price growth in the M18 district since then, its estimated current value is £220,017 — placing it in the 30th percentile nationally and the 70th percentile within M18. The property covers 72 m² (775 sq ft), giving an estimated value of £3,056 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    775 sq ft

    72 m²

    Last Sale Price

    £210,000

    Feb 2024

    Estimated Valuation

    £220,017

    Est. £/sq ft

    £284/sq ft

    £3,056/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area775 sq ft (72 m²)
    EPC dateJul 2014
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Feb 2024

    £210,000

    18 Jun 2021

    £176,000

    6 Jul 2018

    £120,000

    17 Apr 2003

    £59,950

    Key Metrics

    Estimated valuation£220,017
    Value per sq ft / m²£284/sq ft (£3,056/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M18 district percentile70th percentile
    National percentile30th percentile

    District Context — M18

    M18 covers parts of south-east Manchester, situated between the city centre and the outer suburbs. It is a residential area with a diverse, working-class character and significant social housing provision.

    Average Property Price - M18

    £198,962

    12

    National percentile

    Average Net Household Income - M18

    £30,153

    8

    National percentile

    10-Year Annualised Price Growth - M18

    9.0%

    100

    National percentile

    10-Year Annualised Rent Growth - M

    5.5%

    98

    National percentile

    View full analysis for M18

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