3 Wellmead Close

    3, WELLMEAD CLOSE, MANCHESTER, M8 8BS

    This flat/maisonette leasehold property on Wellmead Close last sold in December 2017 for £48,000. Based on price growth in the M8 district since then, its estimated current value is £67,865 — placing it in the 1st percentile nationally and the 4th percentile within M8. The property covers 28 m² (301 sq ft), giving an estimated value of £2,424 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    301 sq ft

    28 m²

    Last Sale Price

    £48,000

    Dec 2017

    Estimated Valuation

    £67,865

    Est. £/sq ft

    £225/sq ft

    £2,424/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area301 sq ft (28 m²)
    EPC dateAug 2023
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Dec 2017

    £48,000

    Key Metrics

    Estimated valuation£67,865
    Value per sq ft / m²£225/sq ft (£2,424/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M8 district percentile4th 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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