562 Gorton Lane

    562, GORTON LANE, MANCHESTER, M18 8EH

    This terraced leasehold property on Gorton Lane last sold in May 2024 for £173,000. Based on price growth in the M18 district since then, its estimated current value is £181,252 — placing it in the 20th percentile nationally and the 49th percentile within M18. The property covers 92 m² (990 sq ft), giving an estimated value of £1,970 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    990 sq ft

    92 m²

    Last Sale Price

    £173,000

    May 2024

    Estimated Valuation

    £181,252

    Est. £/sq ft

    £183/sq ft

    £1,970/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area990 sq ft (92 m²)
    EPC dateNov 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 May 2024

    £173,000

    24 Sept 2013

    £72,000

    4 Jan 2011

    £48,000

    Key Metrics

    Estimated valuation£181,252
    Value per sq ft / m²£183/sq ft (£1,970/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M18 district percentile49th percentile
    National percentile20th 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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