16 Magna Drive

    16, MAGNA DRIVE, MANCHESTER, M8 5EQ

    This semi-detached leasehold property on Magna Drive last sold in January 2021 for £217,500. Based on price growth in the M8 district since then, its estimated current value is £241,165 — placing it in the 35th percentile nationally and the 74th percentile within M8. The property covers 91 m² (980 sq ft), giving an estimated value of £2,650 per m². The EPC rating is B, with a potential rating of A.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    980 sq ft

    91 m²

    Last Sale Price

    £217,500

    Jan 2021

    Estimated Valuation

    £241,165

    Est. £/sq ft

    £246/sq ft

    £2,650/m²

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formNot available
    Construction age2016
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area980 sq ft (91 m²)
    EPC dateNov 2016
    WallsAverage thermal transmittance 0.19 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Jan 2021

    £217,500

    10 Feb 2017

    £169,950

    Key Metrics

    Estimated valuation£241,165
    Value per sq ft / m²£246/sq ft (£2,650/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M8 district percentile74th percentile
    National percentile35th 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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