40 Richmond Street

    40, RICHMOND STREET, MANCHESTER, M1 3WB

    This terraced leasehold property on Richmond Street last sold in May 2023 for £615,000. Based on price growth in the M1 district since then, its estimated current value is £567,343 — placing it in the 84th percentile nationally and the 99th percentile within M1. The property covers 127 m² (1,367 sq ft), giving an estimated value of £4,467 per m². The EPC rating is B, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    1,367 sq ft

    127 m²

    Last Sale Price

    £615,000

    May 2023

    Estimated Valuation

    £567,343

    Est. £/sq ft

    £415/sq ft

    £4,467/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction age2022
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area1,367 sq ft (127 m²)
    EPC dateMay 2022
    WallsAverage thermal transmittance 0.24 W/m
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 May 2023

    £615,000

    Key Metrics

    Estimated valuation£567,343
    Value per sq ft / m²£415/sq ft (£4,467/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M1 district percentile99th percentile
    National percentile84th percentile

    District Context — M1

    M1 covers central Manchester, including the city centre and its immediate surroundings. It is a predominantly young, urban area shaped by student accommodation, professional housing, and ongoing regeneration.

    Average Property Price - M1

    £260,119

    31

    National percentile

    Average Net Household Income - M1

    £39,803

    57

    National percentile

    10-Year Annualised Price Growth - M1

    4.0%

    65

    National percentile

    10-Year Annualised Rent Growth - M

    5.5%

    98

    National percentile

    View full analysis for M1

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