3 The Residences Scholes Lane

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

    This flat/maisonette leasehold property on Scholes Lane last sold in December 2018 for £350,000. Based on price growth in the M25 district since then, its estimated current value is £357,899 — placing it in the 61st percentile nationally and the 68th percentile within M25. The property covers 97 m² (1,044 sq ft), giving an estimated value of £3,690 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,044 sq ft

    97 m²

    Last Sale Price

    £350,000

    Dec 2018

    Estimated Valuation

    £357,899

    Est. £/sq ft

    £343/sq ft

    £3,690/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,044 sq ft (97 m²)
    EPC dateApr 2018
    WallsGranite or whinstone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Dec 2018

    £350,000

    22 Oct 2004

    New build

    £307,000

    Key Metrics

    Estimated valuation£357,899
    Value per sq ft / m²£343/sq ft (£3,690/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M25 district percentile68th percentile
    National percentile61st 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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