31 Wellmead Close

    31, WELLMEAD CLOSE, MANCHESTER, M8 8BS

    This flat/maisonette leasehold property on Wellmead Close last sold in August 2024 for £87,500. Based on price growth in the M8 district since then, its estimated current value is £86,661 — placing it in the 2nd percentile nationally and the 7th percentile within M8. The property covers 36 m² (388 sq ft), giving an estimated value of £2,407 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    388 sq ft

    36 m²

    Last Sale Price

    £87,500

    Aug 2024

    Estimated Valuation

    £86,661

    Est. £/sq ft

    £224/sq ft

    £2,407/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialC
    Floor area388 sq ft (36 m²)
    EPC dateNov 2023
    WallsCavity wall, as built, no insulation (assumed)
    HeatingRoom heaters, electric

    Transaction History

    2 Aug 2024

    £87,500

    12 Apr 2018

    £67,000

    28 Oct 2011

    £58,500

    16 Dec 2002

    £35,000

    14 Aug 1996

    £20,000

    Key Metrics

    Estimated valuation£86,661
    Value per sq ft / m²£224/sq ft (£2,407/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M8 district percentile7th percentile
    National percentile2nd 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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