48 Faraday Avenue

    48, FARADAY AVENUE, MANCHESTER, MANCHESTER, M8 0SR

    This terraced freehold property on Faraday Avenue last sold in May 2008 for £97,000. Based on price growth in the M8 district since then, its estimated current value is £140,263 — placing it in the 10th percentile nationally and the 31st percentile within M8. The property covers 94 m² (1,012 sq ft), giving an estimated value of £1,492 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,012 sq ft

    94 m²

    Last Sale Price

    £97,000

    May 2008

    Estimated Valuation

    £140,263

    Est. £/sq ft

    £139/sq ft

    £1,492/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,012 sq ft (94 m²)
    EPC dateMay 2024
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 May 2008

    £97,000

    1 Jun 2007

    £65,000

    7 Apr 2004

    £50,000

    27 Jun 2001

    £10,000

    Key Metrics

    Estimated valuation£140,263
    Value per sq ft / m²£139/sq ft (£1,492/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M8 district percentile31st percentile
    National percentile10th percentile

    District Context — M8

    M8 covers central and north-central areas of Manchester, including Cheetham, Harpurhey, and Prestwich. It is a diverse, densely populated urban neighbourhood with a significant rental market and younger demographic profile.

    Average Property Price - M8

    £197,225

    11

    National percentile

    Average Net Household Income - M8

    £31,479

    12

    National percentile

    10-Year Annualised Price Growth - M8

    7.0%

    99

    National percentile

    10-Year Annualised Rent Growth - M

    5.5%

    98

    National percentile

    View full analysis for M8

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