Flat 1, 60 Reddish Lane

    FLAT 1, 60, REDDISH LANE, MANCHESTER, M18 7JN

    This flat/maisonette leasehold property on Reddish Lane last sold in August 2018 for £39,950. Based on price growth in the M18 district since then, its estimated current value is £68,590 — placing it in the 1st percentile nationally and the 2nd percentile within M18. The property covers 40 m² (431 sq ft), giving an estimated value of £1,715 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    431 sq ft

    40 m²

    Last Sale Price

    £39,950

    Aug 2018

    Estimated Valuation

    £68,590

    Est. £/sq ft

    £159/sq ft

    £1,715/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area431 sq ft (40 m²)
    EPC dateNov 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Aug 2018

    £39,950

    Key Metrics

    Estimated valuation£68,590
    Value per sq ft / m²£159/sq ft (£1,715/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M18 district percentile2nd percentile
    National percentile1st 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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