3 Magna Drive

    3, MAGNA DRIVE, MANCHESTER, M8 5EQ

    This semi-detached leasehold property on Magna Drive last sold in February 2017 for £169,950. Based on price growth in the M8 district since then, its estimated current value is £256,367 — placing it in the 39th percentile nationally and the 79th percentile within M8. The property covers 90 m² (969 sq ft), giving an estimated value of £2,849 per m². The EPC rating is B, with a potential rating of A.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    969 sq ft

    90 m²

    Last Sale Price

    £169,950

    Feb 2017

    Estimated Valuation

    £256,367

    Est. £/sq ft

    £265/sq ft

    £2,849/m²

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formNot available
    Construction age2016
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area969 sq ft (90 m²)
    EPC dateJul 2016
    WallsAverage thermal transmittance 0.19 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    10 Feb 2017

    £169,950

    Key Metrics

    Estimated valuation£256,367
    Value per sq ft / m²£265/sq ft (£2,849/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M8 district percentile79th percentile
    National percentile39th 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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