Old Mill Street, Manchester, M4

Street Guide For Old Mill Street, Manchester, M4

 
 

Old Mill Street, Manchester, M4 Map

Estimated Price: £61,616
Average Asking Price: £160,108
Price change in last one year: £4,251
Average Price Paid: £39,800
Average Rent Rates: £961

Metro Residential
2 Arena Court Mirabel Street, Manchester, M3 1PJ

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Property Prices Breakdown in Old Mill Street, Manchester, M4

Average Price for property in Old Mill Street, Manchester, M4 is around £61,616 e.g. average price for terraced house is around 61,616. Values have been changing and have risen £1 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £125 in last 6 months, £4,251 in last 1 year, £6,455 in last 2 years, £6,405 in last 3 years, £6,600 in last 4 years and £6,114 in last 5 years.

Currently average asking price of a property in Old Mill Street, Manchester, M4 is around £160,108 based on approximately 2 properties for sale. Same is the case with rental options based on 139 properties up for rent, average asking rent is around £961 per month.

Estimated property value in Old Mill Street, Manchester, M4 is £61,616. Average asking price is £160,108 while average price paid is £39,800 which is up by £4,251 and Avg. asking rent £961.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 Old Mill Street, Manchester, M4 area. In last 1 year alone average price buyer paid is around £39,800 based on approximately 2 sales in Old Mill Street, Manchester, M4 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £39,800. 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 £39,800 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £39,800 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 1 bedroom is around £110,000, £188,738 for a 2 bedroom house and £292,485 for a 3 bedroom house. For a flat similarly the prices varies from £114,873 for a single bedroom to £167,358 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £275,156. To sum up the asking prices for properties in Old Mill Street, Manchester, M4 it comes to around average £114,827 for 1 bedroom property, £167,982 for 2 bedroom and £283,821 for 3 bedroom.

But if you are interested in renting a 1 bedroom flat then rent per month can be around £687. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £951 and £2,135 for 3 bedroom. You should be generally be expecting around average £687 rent per month for single bedroom property, £951 for 2 bedroom and approximately £2,135 for 3 bedroom property in Old Mill Street, Manchester, M4 area.

Popular Houses in Old Mill Street, Manchester, M4

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 Old Mill Street, Manchester, M4