Apartment 39, Velvet House, 60 Sackville Street, Manchester, M1 3WE is a leasehold flat built between 1991-1995. The property offers approximately 452 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £259,323 , which equates to approximately £574 per square foot. It was last sold on 28 Jun 2016 for £158,750. Since then, the value has increased by £100,573, representing a 63.4% increase, or approximately 6.7% per year.

The current estimated value of £259,323 is:

  • 41.7% lower than the average property price on Sackville Street
  • 25.0% lower than the average in the M1 3WE postcode area
  • and 32.5% lower than the average price for Manchester as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 1 April 2022, the property was recorded as rented.

View sold house prices in M1 3WE

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
452 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£259,323
Price Per sq ft (estimate)
£574
Bedroom Count (estimate)
1 bedroom

EPC Summary

Apartment 39, Velvet House, 60 Sackville Street, Manchester, Greater Manchester, M1 3WE has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 1 Apr 2022.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 27 Apr 2011. The rating of C is unchanged, though the energy efficiency score decreased by 3.9%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from average to very poor.
  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to system built, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 60% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to M1 3WE

39 th / 40
Price Rank
25% lower than average
29 th / 35
Size Rank
36% smaller than average
29 th / 35
Price Per Sq FT Rank
17% higher than average

Compared to other properties in M1 3WE , this flat's estimated value ranks 39th out of 40. Based on price per square foot, it ranks 29th out of 35 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 29th out of 35 properties in its postcode area.

Sale History

Today
£259,323
streetscan.co.uk estimate
+63 %
28 Jun 2016
£158,750
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 484 sq ft
sale price: £155,000
sale date: 14 Sep 2018
rooms: 2
size: 452 sq ft
sale price: £125,000
sale date: 1 Aug 2017
rooms: 2
size: 463 sq ft
sale price: £115,000
sale date: 28 Oct 2015
rooms: 2
size: 441 sq ft
sale price: £110,000
sale date: 9 Apr 2015
rooms: 2
size: 484 sq ft
sale price: £145,000
sale date: 27 Mar 2015

Data Sources

The property at Apartment 39, Velvet House, 60 Sackville Street, Manchester, Greater Manchester, M1 3WE appears once in the Land Registry records, with the transaction recorded on 28 Jun 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 1 Apr 2022. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.