48 Velour Close

    48, VELOUR CLOSE, SALFORD, M3 6AP

    This terraced leasehold property on Velour Close last sold in March 2023 for £137,000. Based on price growth in the M3 district since then, its estimated current value is £190,751 — placing it in the 22nd percentile nationally and the 22nd percentile within M3. The property covers 49 m² (527 sq ft), giving an estimated value of £3,893 per m². The EPC rating is C, with a potential rating of C.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    527 sq ft

    49 m²

    Last Sale Price

    £137,000

    Mar 2023

    Estimated Valuation

    £190,751

    Est. £/sq ft

    £362/sq ft

    £3,893/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area527 sq ft (49 m²)
    EPC dateAug 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    29 Mar 2023

    £137,000

    5 Jul 2022

    £140,000

    4 Feb 2000

    New build

    £61,695

    Key Metrics

    Estimated valuation£190,751
    Value per sq ft / m²£362/sq ft (£3,893/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M3 district percentile22nd percentile
    National percentile22nd 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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