112 Velour Close

    112, VELOUR CLOSE, SALFORD, SALFORD, M3 6AP

    This flat/maisonette leasehold property on Velour Close last sold in November 2002 for £74,000. Based on price growth in the M3 district since then, its estimated current value is £111,500 — placing it in the 5th percentile nationally and the 2nd percentile within M3. The property covers 69 m² (743 sq ft), giving an estimated value of £1,616 per m². The EPC rating is D, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    743 sq ft

    69 m²

    Last Sale Price

    £74,000

    Nov 2002

    Estimated Valuation

    £111,500

    Est. £/sq ft

    £150/sq ft

    £1,616/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area743 sq ft (69 m²)
    EPC dateApr 2016
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Nov 2002

    £74,000

    31 Jul 2000

    £60,000

    25 Jun 1999

    New build

    £50,345

    Key Metrics

    Estimated valuation£111,500
    Value per sq ft / m²£150/sq ft (£1,616/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M3 district percentile2nd percentile
    National percentile5th percentile

    District Context — M3

    M3 covers central Manchester, including areas around Deansgate, Castlefield, and the city centre core. It is a densely urban neighbourhood with a strong residential presence alongside commercial and leisure activity.

    Average Property Price - M3

    £272,478

    34

    National percentile

    Average Net Household Income - M3

    £24,550

    3

    National percentile

    10-Year Annualised Price Growth - M3

    5.3%

    92

    National percentile

    10-Year Annualised Rent Growth - M

    5.5%

    98

    National percentile

    View full analysis for M3

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