Terraced 2 sales on record

172 HEALD PLACE

MANCHESTER, GREATER MANCHESTER, M14 5WJ

£235,000

Location

Nearby

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

Type Name Distance
Shop Dev News 0.1 miles
Bus stop Heald Place 0.1 miles
University Fallowfield Reception and Richmond Amenities Building 0.7 miles
Hospital The Ailsa Craig Medical Practise 0.9 miles
Train station Mauldeth Road 1.4 miles

Property details

Tenure

Leasehold

Property type

Terraced

Bedrooms

2

Bathrooms

1

Floor area

77 m²

EPC rating

D

Year built

England and Wales: 1900-1929

Last sold

£235,000 Mar 2026

Price per m²

£3,052/m²

Local average

£374,221 (56 sales)

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: C

Inspection date: 21/11/2024

Expiry date: 20/11/2034

Current heating cost: £901/year

Potential heating cost: £818/year

Est. upgrade cost to C: £19,500

Recommendations

  • 50 mm internal or external wall insulation (£4,000 - £14,000)
  • Floor insulation (suspended floor) (£800 - £1,200)
  • Solar water heating (£4,000 - £6,000)
  • Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)

View full EPC on gov.uk

Price history

Event Date Price Type % change Today’s value (HPI) Action
Sold 18/03/2026 £235,000 Terraced +80.8% £235,000 to March 2026 View transaction
Sold 27/09/2018 £130,000 Terraced £201,243 to March 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
52 LETCHWORTH STREET, MANCHESTER, GREATER MANCHESTER, M14 7PE £155,000 04/12/2025 Terraced
34 BOSCOMBE STREET, MANCHESTER, GREATER MANCHESTER, M14 7PG £208,000 17/11/2025 Terraced
50 LETCHWORTH STREET, MANCHESTER, GREATER MANCHESTER, M14 7PE £185,000 22/09/2023 Terraced
16 BOSCOMBE STREET, MANCHESTER, GREATER MANCHESTER, M14 7PG £150,000 21/09/2023 Terraced
3 WORTHING STREET, MANCHESTER, GREATER MANCHESTER, M14 7PR £185,000 08/09/2023 Terraced
37 ARNSIDE STREET, MANCHESTER, GREATER MANCHESTER, M14 7PF £175,000 06/09/2023 Terraced
106 PLATT LANE, MANCHESTER, GREATER MANCHESTER, M14 5XE £290,000 21/07/2023 Terraced
36 WINCOMBE STREET, MANCHESTER, GREATER MANCHESTER, M14 7PJ £143,500 30/06/2023 Terraced
27 BOSCOMBE STREET, MANCHESTER, GREATER MANCHESTER, M14 7PG £100,000 11/05/2023 Terraced
6 LYNTON STREET, MANCHESTER, GREATER MANCHESTER, M14 7NZ £174,000 11/04/2023 Terraced
158 HEALD PLACE, MANCHESTER, GREATER MANCHESTER, M14 5WJ £217,000 15/02/2023 Terraced
34 WINCOMBE STREET, MANCHESTER, GREATER MANCHESTER, M14 7PJ £160,000 16/12/2022 Terraced
105 PARKFIELD STREET, MANCHESTER, GREATER MANCHESTER, M14 7PT £189,000 16/12/2022 Terraced
35 BROMPTON ROAD, MANCHESTER, GREATER MANCHESTER, M14 7QA £210,000 05/12/2022 Terraced
133 PARKFIELD STREET, MANCHESTER, GREATER MANCHESTER, M14 7PT £190,000 11/11/2022 Terraced
28 NEWLYN STREET, MANCHESTER, GREATER MANCHESTER, M14 7PQ £74,454 11/11/2022 Terraced
124 PARKFIELD STREET, MANCHESTER, GREATER MANCHESTER, M14 7PT £190,000 11/11/2022 Terraced
184 PLATT LANE, MANCHESTER, GREATER MANCHESTER, M14 7DE £330,000 01/11/2022 Terraced
25 CAMBORNE STREET, MANCHESTER, GREATER MANCHESTER, M14 7PH £152,500 28/10/2022 Terraced
12 REDRUTH STREET, MANCHESTER, GREATER MANCHESTER, M14 7PX £222,000 14/10/2022 Terraced

Area average: £185,023 (20 sales)

For sale comparables

Active for-sale listings within 1 mile, matched to the same property type (all bedroom counts shown — none matched the 2-bedroom count for this property).

Address Price Beds Type Distance
Citizens Place, Manchester, Greater Manchester, M14 £385,000 4 Terraced 0.28 mi
Stafford Close, Victoria Park £429,950 3 End of terrace 0.83 mi

Capital growth trend

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

5y growth 57.2%
10y growth 105.4%

House Price Index (HM Land Registry — official index, not sold-price averages): Manchester. Series: Terraced. As of March 2026.

1y (index) 3.2%
5y (index) 23.3%
10y (index) 85.1%

Company ownership

Registered legal owner is a company.

Company-owned (UK company)

Company: BACKFIELD (2003) LIMITED (04846350)

Rental Range

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

Low £1,214/mo
Realistic £1,349/mo
Optimistic £1,484/mo

Based on Local Authority from postcode lookup → Manchester.

LHA (30th percentile) floor for East Lancs: 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 Terraced House, Wykeham St, M14 £1,200/mo 2 0.36 miles OpenRent

Average rent: £1,200/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.51%
Max investor price (0.8%) £150,000
Target investor price (1%) £120,000
Gross yield 6.1%
Cost-to-rent ratio 16.3×
Monthly cashflow £130/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 2.3%
  • 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

Not in Flood Risk Area (no data)

Street-level crime

Category Count
Total incidents 0

Within 1 mile during Apr 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
Heald Place Primary School Primary 0.1 miles Good — 8 May 2019
The Divine Mercy Roman Catholic Primary School Primary 0.2 miles Requires improvement — 3 Jul 2024
Claremont Primary School Primary 0.3 miles Good — 21 Nov 2023
Manchester High School for Girls Other 0.3 miles (No rating)
Wilbraham Primary School Primary 0.4 miles Good — 26 Jul 2013

FENSA

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