242 NEWMARKET ROAD
Recent sale
£440k
Sale price
£/sqft
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Rent pcm
-
Yield
-
258A Newmarket Road, Ashton-under-Lyne, OL7 9JW
UPRN:100011549953Detached Bungalow3 bedsBuilt 1983-1990
FreeholdCouncil Tax: Band EEPC: D (61)
Data freshness:Listing· freshListing: fresh, refreshed 3d ago (2026-10-20T04:00:03.667605+00:00)Planning· 3mo agoPlanning: stale, refreshed 3mo ago (2026-07-10T09:47:52.538907+00:00)EPC· 5mo agoEPC: stale, refreshed 5mo ago (2026-05-20T10:58:39.129138+00:00)Risk· 2y agoRisk: stale, refreshed 2y ago (2024-12-31T00:00:00+00:00)Amenities· 8mo agoAmenities: stale, refreshed 8mo ago (2026-03-12T00:37:10.567793+00:00)Area· Census 2021Area: static reference data (Census 2021); authoritative and does not refreshCouncil Tax· 3mo agoCouncil Tax: ageing, refreshed 3mo ago (2026-08-07T11:05:19.087279+00:00)
Valuation estimateUpdated today
£444,000
Estimated value
Range: £399k - £488k|Last sold: £295k (2019-06-26)
Estimate of £444k for this detached bungalow. 132 sales in OL7 in the last 12 months; median £182k.
Estimate confidence
Medium confidence
Value History
Current estimate
£444k
£399k - £488k - Medium confidence
Annualised (CAGR)
+5.00%
Over the full window
Peak estimate
£445k
Sep 2026
From peak
-0.22%
Drawdown from peak
AVM estimate (model)Repeat-sales index - OL7 district (quarterly)index YoY -5.05%
Growth by window
3m
+0.23%
6m
+3.50%
12m
+4.47%
24m
+2.78%
60m
+25.07%
Rental Market
Estimated rent (pcm)
£1,800
/ month
Gross yield
5.76%
Rent ÷ asking price
Net yield
3.99%
Assumes ~31% running costs (not this property's)
Vacancy trend
12-month change
Market Metrics
Median Area Price
£182k
OL7 sales, last 12 months
12m Price Growth
+39.7%
OL7 median, Land Registry
Days on Market
131d
OL7 average
Sales & Yield
3 metricsTransactions / 12m
132
OL7 sales
Area Gross Yield
4.00%
OL7 medians
Last Sold
£295k
2019-06-26
Investment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£375,000
- SDLT standard£8,750
- SDLT BTL surcharge (5%)£18,750
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£404,600
Funding
- Deposit (25%)£93,750
- Mortgage (75% LTV)£281,250
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£123,350
Monthly Returns
- Monthly Rent (estimate)£1,800
- Mortgage Payment (IO)-£1,230
- Management (10%)-£180
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£290
Capital Returns
- 5yr Property Value£486,174
- 5yr Capital Gain (5.33% pa, historical)+£111,174
- 5yr Cumulative Rent (net)+£95,163
- Less mortgage interest-£73,800
- 5yr Total Return+£132,537
Modelled on the live asking price. Assumed, as in the PDF report: 25% deposit, 5.25% interest-only mortgage, management 10% of rent, insurance £40/mo, maintenance £60/mo, legal, survey and broker £2,100. Refurbishment, voids and letting fees are not costed.
5-Year Projection
| Year | Property Value | Equity | Cashflow (cumulative) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £394,987 | £113,737 | +£3,480 | +£23,467 | 19.0% |
| Year 2 | £416,040 | £134,790 | +£7,344 | +£48,384 | 39.2% |
| Year 3 | £438,215 | £156,965 | +£11,613 | +£74,828 | 60.7% |
| Year 4 | £461,572 | £180,322 | +£16,283 | +£102,855 | 83.4% |
| Year 5 | £486,174 | £204,924 | +£21,363 | +£132,537 | 107.4% |
Modelled on the live asking price. Capital growth 5.33% a year is the OL7 area's 5-year historical rate (Land Registry medians), not a forecast. Rent grows 2% a year (assumed); management is 10% of each year's rent. Mortgage held interest-only at 5.25% for 5 years. Refurbishment, voids and letting fees are not costed. ROI is on cash required (£123,350).
Price Forecast
No forecast available.
Demand & Supply
DemandSupply
Comparable Sales
236 NEWMARKET ROAD
Recent sale
£225k
Sale price
£/sqft
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Rent pcm
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Yield
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222 NEWMARKET ROAD
Recent sale
£250k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
214 NEWMARKET ROAD
Recent sale
£170k
Sale price
£/sqft
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Rent pcm
-
Yield
-
Area Economic Intelligence
Signal
£29,877
Median earnings (local authority)
Signal
1,376
Population
Signal
4.6%
Households Deprived