2 Velmere Avenue

    2, VELMERE AVENUE, MANCHESTER, M9 0PB

    This semi-detached freehold property on Velmere Avenue last sold in August 2017 for £75,000. Based on price growth in the M9 district since then, its estimated current value is £131,205 — placing it in the 9th percentile nationally and the 22nd percentile within M9. The property covers 57 m² (614 sq ft), giving an estimated value of £2,302 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    614 sq ft

    57 m²

    Last Sale Price

    £75,000

    Aug 2017

    Estimated Valuation

    £131,205

    Est. £/sq ft

    £214/sq ft

    £2,302/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area614 sq ft (57 m²)
    EPC dateJun 2016
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Aug 2017

    £75,000

    12 Jul 2002

    £30,000

    23 Jan 1998

    £17,000

    Key Metrics

    Estimated valuation£131,205
    Value per sq ft / m²£214/sq ft (£2,302/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M9 district percentile22nd percentile
    National percentile9th percentile

    District Context — M9

    The M9 postcode district covers parts of central and north Manchester, sitting within the wider conurbation. It is a predominantly urban area with a younger demographic profile and a strong reliance on social housing.

    Average Property Price - M9

    £207,694

    14

    National percentile

    Average Net Household Income - M9

    £30,132

    8

    National percentile

    10-Year Annualised Price Growth - M9

    6.7%

    99

    National percentile

    10-Year Annualised Rent Growth - M

    5.5%

    98

    National percentile

    View full analysis for M9

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