40 Farncombe Close

    40, FARNCOMBE CLOSE, MANCHESTER, M23 9FS

    This flat/maisonette leasehold property on Farncombe Close last sold in November 2022 for £125,000. Based on price growth in the M23 district since then, its estimated current value is £135,607 — placing it in the 10th percentile nationally and the 8th percentile within M23. The property covers 60 m² (646 sq ft), giving an estimated value of £2,260 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    646 sq ft

    60 m²

    Last Sale Price

    £125,000

    Nov 2022

    Estimated Valuation

    £135,607

    Est. £/sq ft

    £210/sq ft

    £2,260/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialC
    Floor area646 sq ft (60 m²)
    EPC dateDec 2014
    WallsCavity wall, filled cavity
    HeatingElectric storage heaters

    Transaction History

    4 Nov 2022

    £125,000

    Key Metrics

    Estimated valuation£135,607
    Value per sq ft / m²£210/sq ft (£2,260/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M23 district percentile8th percentile
    National percentile10th percentile

    District Context — M23

    M23 covers areas in south Manchester, sitting on the city's southern edge near the airport corridor. It is a mixed residential district with strong social housing provision and diverse communities.

    Average Property Price - M23

    £281,198

    37

    National percentile

    Average Net Household Income - M23

    £32,495

    16

    National percentile

    10-Year Annualised Price Growth - M23

    6.7%

    99

    National percentile

    10-Year Annualised Rent Growth - M

    5.5%

    98

    National percentile

    View full analysis for M23

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