120 Velour Close

    120, VELOUR CLOSE, SALFORD, SALFORD, M3 6AP

    This flat/maisonette leasehold property on Velour Close last sold in August 2001 for £63,000. Based on price growth in the M3 district since then, its estimated current value is £122,392 — placing it in the 7th percentile nationally and the 3rd percentile within M3. The property covers 50 m² (538 sq ft), giving an estimated value of £2,448 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    538 sq ft

    50 m²

    Last Sale Price

    £63,000

    Aug 2001

    Estimated Valuation

    £122,392

    Est. £/sq ft

    £227/sq ft

    £2,448/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area538 sq ft (50 m²)
    EPC dateMay 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    2 Aug 2001

    New build

    £63,000

    18 Jun 1999

    New build

    £54,995

    Key Metrics

    Estimated valuation£122,392
    Value per sq ft / m²£227/sq ft (£2,448/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M3 district percentile3rd percentile
    National percentile7th 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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