25 Wellmead Close

    25, WELLMEAD CLOSE, MANCHESTER, M8 8BS

    This flat/maisonette leasehold property on Wellmead Close last sold in August 2018 for £50,000. Based on price growth in the M8 district since then, its estimated current value is £64,693 — placing it in the 1st percentile nationally and the 3rd percentile within M8. The property covers 37 m² (398 sq ft), giving an estimated value of £1,748 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    398 sq ft

    37 m²

    Last Sale Price

    £50,000

    Aug 2018

    Estimated Valuation

    £64,693

    Est. £/sq ft

    £162/sq ft

    £1,748/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area398 sq ft (37 m²)
    EPC dateSept 2017
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Aug 2018

    £50,000

    Key Metrics

    Estimated valuation£64,693
    Value per sq ft / m²£162/sq ft (£1,748/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M8 district percentile3rd percentile
    National percentile1st percentile

    District Context — M8

    M8 covers central and north-central areas of Manchester, including Cheetham, Harpurhey, and Prestwich. It is a diverse, densely populated urban neighbourhood with a significant rental market and younger demographic profile.

    Average Property Price - M8

    £197,225

    11

    National percentile

    Average Net Household Income - M8

    £31,479

    12

    National percentile

    10-Year Annualised Price Growth - M8

    7.0%

    99

    National percentile

    10-Year Annualised Rent Growth - M

    5.5%

    98

    National percentile

    View full analysis for M8

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