Canal Street, Manchester, M1

Street Guide For Canal Street, Manchester, M1

 
 

Canal Street, Manchester, M1 Map

Estimated Price: £314,659
Average Asking Price: £188,065
Price change in last one year: £19,795
Average Price Paid: £209,375
Average Rent Rates: £1,074

BBP Estates
65 Canning Street, BURY , Greater Manchester BL9 5

Free House valuation

 

Property Prices Breakdown in Canal Street, Manchester, M1

Average Price for property in Canal Street, Manchester, M1 is around £314,659 which varies based on type of property you are interested in and ranges from £907,800 for detached house to around £240,518 for a flat. Values have been changing and have risen £224 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £328 in last 6 months, £19,795 in last 1 year, £32,204 in last 2 years, £29,920 in last 3 years, £30,467 in last 4 years and £26,866 in last 5 years.

Currently average asking price of a property in Canal Street, Manchester, M1 is around £188,065 based on approximately 1 properties for sale. Same is the case with rental options based on 137 properties up for rent, average asking rent is around £1,074 per month.

Estimated property value in Canal Street, Manchester, M1 is £314,659. Average asking price is £188,065 while average price paid is £247,500 which is up by £19,795 and Avg. asking rent £1,074.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Canal Street, Manchester, M1 area. In last 1 year alone average price buyer paid is around £247,500 based on approximately 1 sales in Canal Street, Manchester, M1 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £223,750. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £209,375 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £204,500 per sale.

 
 
 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 3 bedroom is around £325,000. For a flat similarly the prices varies from £134,576 for a single bedroom to £200,231 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £325,000. To sum up the asking prices for properties in Canal Street, Manchester, M1 it comes to around average £134,576 for 1 bedroom property, £200,231 for 2 bedroom and £325,000 for 3 bedroom.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £455 for 1 bedroom to £845 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £828. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,057 and £1,931 for 3 bedroom. You should be generally be expecting around average £758 rent per month for single bedroom property, £1,057 for 2 bedroom and approximately £1,750 for 3 bedroom property in Canal Street, Manchester, M1 area.

Popular Houses in Canal Street, Manchester, M1

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Canal Street, Manchester, M1