40 Velour Close

    40, VELOUR CLOSE, SALFORD, SALFORD, M3 6AP

    This terraced leasehold property on Velour Close last sold in August 2005 for £112,000. Based on price growth in the M3 district since then, its estimated current value is £411,907 — placing it in the 69th percentile nationally and the 91st percentile within M3. The property covers 57 m² (614 sq ft), giving an estimated value of £7,226 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    614 sq ft

    57 m²

    Last Sale Price

    £112,000

    Aug 2005

    Estimated Valuation

    £411,907

    Est. £/sq ft

    £671/sq ft

    £7,226/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area614 sq ft (57 m²)
    EPC dateJun 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Aug 2005

    £112,000

    25 Feb 2000

    New build

    £57,995

    Key Metrics

    Estimated valuation£411,907
    Value per sq ft / m²£671/sq ft (£7,226/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M3 district percentile91st percentile
    National percentile69th 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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