42 Velour Close

    42, VELOUR CLOSE, SALFORD, M3 6AP

    This terraced leasehold property on Velour Close last sold in August 2014 for £115,000. Based on price growth in the M3 district since then, its estimated current value is £295,242 — placing it in the 48th percentile nationally and the 67th percentile within M3. The property covers 56 m² (603 sq ft), giving an estimated value of £5,272 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £115,000

    Aug 2014

    Estimated Valuation

    £295,242

    Est. £/sq ft

    £490/sq ft

    £5,272/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area603 sq ft (56 m²)
    EPC dateMar 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Aug 2014

    £115,000

    6 Nov 2009

    £99,719

    20 Feb 2002

    £69,000

    30 Mar 2001

    £65,000

    18 Feb 2000

    New build

    £59,995

    Key Metrics

    Estimated valuation£295,242
    Value per sq ft / m²£490/sq ft (£5,272/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M3 district percentile67th percentile
    National percentile48th 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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