Flat 10 Cherry Court, 2 Shady Lane

    FLAT 10 CHERRY COURT, 2, SHADY LANE, MANCHESTER, M23 9PU

    This flat/maisonette leasehold property on Shady Lane last sold in November 2016 for £85,000. Based on price growth in the M23 district since then, its estimated current value is £131,780 — placing it in the 9th percentile nationally and the 8th percentile within M23. The property covers 59 m² (635 sq ft), giving an estimated value of £2,234 per m². The EPC rating is F, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    635 sq ft

    59 m²

    Last Sale Price

    £85,000

    Nov 2016

    Estimated Valuation

    £131,780

    Est. £/sq ft

    £208/sq ft

    £2,234/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentF
    EPC potentialC
    Floor area635 sq ft (59 m²)
    EPC dateSept 2016
    WallsCavity wall, filled cavity
    HeatingElectric storage heaters

    Transaction History

    11 Nov 2016

    £85,000

    Key Metrics

    Estimated valuation£131,780
    Value per sq ft / m²£208/sq ft (£2,234/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M23 district percentile8th percentile
    National percentile9th percentile

    District Context — M23

    M23 covers areas in south Manchester, sitting on the city's southern edge near the airport corridor. It is a mixed residential district with strong social housing provision and diverse communities.

    Average Property Price - M23

    £281,198

    37

    National percentile

    Average Net Household Income - M23

    £32,495

    16

    National percentile

    10-Year Annualised Price Growth - M23

    6.7%

    99

    National percentile

    10-Year Annualised Rent Growth - M

    5.5%

    98

    National percentile

    View full analysis for M23

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