556 Gorton Lane

    556, GORTON LANE, MANCHESTER, M18 8EH

    This terraced leasehold property on Gorton Lane last sold in June 2022 for £182,500. Based on price growth in the M18 district since then, its estimated current value is £215,468 — placing it in the 28th percentile nationally and the 68th percentile within M18. The property covers 98 m² (1,055 sq ft), giving an estimated value of £2,199 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    1,055 sq ft

    98 m²

    Last Sale Price

    £182,500

    Jun 2022

    Estimated Valuation

    £215,468

    Est. £/sq ft

    £204/sq ft

    £2,199/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,055 sq ft (98 m²)
    EPC dateFeb 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Jun 2022

    £182,500

    Key Metrics

    Estimated valuation£215,468
    Value per sq ft / m²£204/sq ft (£2,199/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M18 district percentile68th percentile
    National percentile28th 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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