16 The Residences Scholes Lane

    16 THE RESIDENCES, SCHOLES LANE, PRESTWICH, MANCHESTER, M25 0NT

    This flat/maisonette leasehold property on Scholes Lane last sold in June 2007 for £321,000. Based on price growth in the M25 district since then, its estimated current value is £384,889 — placing it in the 65th percentile nationally and the 74th percentile within M25. The property covers 97 m² (1,044 sq ft), giving an estimated value of £3,968 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,044 sq ft

    97 m²

    Last Sale Price

    £321,000

    Jun 2007

    Estimated Valuation

    £384,889

    Est. £/sq ft

    £369/sq ft

    £3,968/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area1,044 sq ft (97 m²)
    EPC dateMar 2016
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    13 Jun 2007

    New build

    £321,000

    Key Metrics

    Estimated valuation£384,889
    Value per sq ft / m²£369/sq ft (£3,968/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M25 district percentile74th percentile
    National percentile65th percentile

    District Context — M25

    M25 covers a broad swathe of Greater Manchester, encompassing suburban and semi-rural areas on the city's outer ring. It is characterised by a mix of family homes, commuter neighbourhoods, and established residential communities with good transport links.

    Average Property Price - M25

    £321,752

    49

    National percentile

    Average Net Household Income - M25

    £38,243

    50

    National percentile

    10-Year Annualised Price Growth - M25

    5.6%

    94

    National percentile

    10-Year Annualised Rent Growth - M

    5.5%

    98

    National percentile

    View full analysis for M25

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