Flats/Maisonettes 2 sales on record

124 STONEMERE DRIVE

RADCLIFFE, MANCHESTER, BURY, GREATER MANCHESTER, M26 1QX

£140,000

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Stand Lane/Hollinhurst Road 0.1 miles
Shop Speedwell Motorcycles 0.7 miles
Train station Clifton 2.0 miles
Hospital Salford Gastric Bypass Surgery 4.6 miles
University University of Bolton Orlando Village Residence 4.6 miles

Property details

Tenure

Leasehold

Property type

Flat

Bedrooms

2

Bathrooms

1

Floor area

49 m²

EPC rating

D

Year built

England and Wales: 1996-2002

Last sold

£140,000 Mar 2026

Price per m²

£2,857/m²

Local average

£120,068 (15 sales)

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: B

Inspection date: 29/04/2024

Expiry date: 28/04/2034

Current heating cost: £613/year

Potential heating cost: £325/year

Est. upgrade cost to C: £1,500

Recommendations

  • High heat retention storage heaters and dual immersion cylinder (£1,200 - £1,800)

View full EPC on gov.uk

Price history

Event Date Price Type % change Today’s value (HPI) Action
Sold 13/03/2026 £140,000 Flat +60.6% £138,184 to April 2026 View transaction
Sold 25/06/2010 £87,200 Flat £128,910 to April 2026 View transaction

Sold comparables

Same street and nearby sales within 0.25 miles (last 5 years). Land Registry Price Paid Data.

Address Price Date Type
1 STAND LODGE APARTMENT 11 STAND LANE, RADCLIFFE, MANCHESTER, BURY, GREATER MANCHESTER, M26 1JP £210,000 09/08/2024 Flat
75 STONEMERE DRIVE, RADCLIFFE, MANCHESTER, BURY, GREATER MANCHESTER, M26 1QY £115,000 22/11/2023 Flat
67 STONEMERE DRIVE, RADCLIFFE, MANCHESTER, BURY, GREATER MANCHESTER, M26 1QY £130,000 06/10/2023 Flat
102 STONEMERE DRIVE, RADCLIFFE, MANCHESTER, BURY, GREATER MANCHESTER, M26 1QX £46,000 26/07/2023 Flat
50 DINGLE CLOSE, RADCLIFFE, MANCHESTER, BURY, GREATER MANCHESTER, M26 1UN £140,000 24/03/2023 Flat
101 STONEMERE DRIVE, RADCLIFFE, MANCHESTER, BURY, GREATER MANCHESTER, M26 1QY £128,000 16/12/2022 Flat
34 DINGLE CLOSE, RADCLIFFE, MANCHESTER, BURY, GREATER MANCHESTER, M26 1UN £138,000 23/11/2022 Flat
17 STONEMERE DRIVE, RADCLIFFE, MANCHESTER, BURY, GREATER MANCHESTER, M26 1QY £132,000 16/11/2022 Flat
56 DINGLE CLOSE, RADCLIFFE, MANCHESTER, BURY, GREATER MANCHESTER, M26 1UN £140,000 01/11/2022 Flat
59 STONEMERE DRIVE, RADCLIFFE, MANCHESTER, BURY, GREATER MANCHESTER, M26 1QY £125,000 19/10/2022 Flat
23 GREENDALE DRIVE, RADCLIFFE, MANCHESTER, BURY, GREATER MANCHESTER, M26 1UE £112,000 28/09/2022 Flat
36 DINGLE CLOSE, RADCLIFFE, MANCHESTER, BURY, GREATER MANCHESTER, M26 1UN £137,500 22/08/2022 Flat
91 STONEMERE DRIVE, RADCLIFFE, MANCHESTER, BURY, GREATER MANCHESTER, M26 1QY £125,000 22/07/2022 Flat
15 GREENDALE DRIVE, RADCLIFFE, MANCHESTER, BURY, GREATER MANCHESTER, M26 1UE £117,995 20/05/2022 Flat
1 STAND LODGE APARTMENT 14 STAND LANE, RADCLIFFE, MANCHESTER, BURY, GREATER MANCHESTER, M26 1JP £250,000 17/05/2022 Flat
42 STONEMERE DRIVE, RADCLIFFE, MANCHESTER, BURY, GREATER MANCHESTER, M26 1QX £118,000 04/05/2022 Flat
12 DINGLE CLOSE, RADCLIFFE, MANCHESTER, BURY, GREATER MANCHESTER, M26 1UN £125,000 29/04/2022 Flat
17 GREENDALE DRIVE, RADCLIFFE, MANCHESTER, BURY, GREATER MANCHESTER, M26 1UE £113,000 29/04/2022 Flat
22 DINGLE CLOSE, RADCLIFFE, MANCHESTER, BURY, GREATER MANCHESTER, M26 1UN £125,000 01/04/2022 Flat
1 STAND LODGE APARTMENT 5 STAND LANE, RADCLIFFE, MANCHESTER, BURY, GREATER MANCHESTER, M26 1JP £225,000 11/03/2022 Flat

Area average: £137,625 (20 sales)

For sale comparables

No active for-sale comparables found within 1 mile for the same bedrooms and property type.

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -4.7%
10y growth 25.2%

House Price Index (HM Land Registry — official index, not sold-price averages): Bury. Series: Flats and maisonettes. As of April 2026.

1y (index) -3.6%
5y (index) 8.3%
10y (index) 49.2%

Rental Range

Estimated market rent for Bury. Low = conservative, Realistic = average, Optimistic = best case.

Low £871/mo
Realistic £968/mo
Optimistic £1,065/mo

Based on Local Authority from postcode lookup → Bury.

LHA (30th percentile) floor for West Pennine: Apr 2025 – Mar 2026

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed Flat, Stonemere Drive, M26 £950/mo 2 0.06 miles OpenRent
2 Bed Terraced House, Oak Street, M26 £850/mo 2 0.17 miles OpenRent
2 Bed Semi-Detached House, Rossall Avenue, M26 £1,200/mo 2 0.18 miles OpenRent
2 Bed Terraced House, Rupert St, M26 £950/mo 2 0.28 miles OpenRent
2 Bed Terraced House, Kenyon Street, M26 £1,000/mo 2 0.55 miles OpenRent
2 Bed Flat, Church Street West, M26 £695/mo 2 0.7 miles OpenRent
2 Bed Terraced House, William Street, M26 £895/mo 2 0.88 miles OpenRent
2 Bed Terraced House, Grosvenor St, M26 £950/mo 2 1.07 miles OpenRent
2 Bed Terraced House, Lowton St, M26 £995/mo 2 1.16 miles OpenRent

Average rent: £943/mo (9 listings)

Rent-driven metrics

Based on OpenRent comparables.

This street 10.9% gross yield avg £104,750 sale, £950/mo rent
Rent ratio 0.68%
Max investor price (0.8%) £118,750
Target investor price (1%) £95,000
Gross yield 8.1%
Cost-to-rent ratio 12.3×
Monthly cashflow £279/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 8.2%
  • This street — Gross yield for this street only (Land Registry sales + rental comparables, same postcode + street).
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Street-level crime

Category Count
Total incidents 0

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Chapelfield Primary School Primary 0.1 miles Good — 18 May 2023
St John's Church of England Primary School, Radcliffe Primary 0.3 miles Good — 4 Jul 2022
Philips High School Secondary 0.9 miles Requires improvement — 20 Oct 2022
Millwood Primary Special School Other 0.9 miles Outstanding — 12 Mar 2013
Radcliffe Hall Church of England Methodist Primary School Primary 1.0 miles Good — 18 Jan 2024

FENSA

No FENSA certificates found for this address.