Apartment 40, Velvet House, 60 Sackville Street, Manchester, M1 3WE is a leasehold flat built between 1983-1990. The property offers approximately 484 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 £217,118 , which equates to approximately £448 per square foot. It was last sold on 14 Sep 2018 for £155,000. Since then, the value has increased by £62,118, representing a 40.1% increase, or approximately 5.5% per year.

The current estimated value of £217,118 is:

  • 51.2% lower than the average property price on Sackville Street
  • 37.2% lower than the average in the M1 3WE postcode area
  • and 43.5% lower than the average price for Manchester as a whole

At the most recent EPC inspection on 10 February 2023, the property was recorded as rented.

View sold house prices in M1 3WE

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
484 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£217,118
Price Per sq ft (estimate)
£448
Bedroom Count (estimate)
1 bedroom

EPC Summary

Apartment 40, 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 10 Feb 2023.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows have partial double glazing.

The previous EPC assessment was conducted on 12 Sep 2012. The rating of C is unchanged, though the energy efficiency score decreased by 2.7%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from system built, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 57% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Partial double glazing
Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to M1 3WE

24 th / 40
Price Rank
37% lower than average
26 th / 35
Size Rank
31% smaller than average
5 th / 35
Price Per Sq FT Rank
9% lower than average

Compared to other properties in M1 3WE , this flat's estimated value ranks 24th out of 40. Based on price per square foot, it ranks 5th out of 35 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 26th out of 35 properties in its postcode area.

Sale History

Today
£217,118
streetscan.co.uk estimate
+40 %
14 Sep 2018
£155,000
Leasehold
+14.8 %
4 Jun 2004
£135,001
Leasehold
+14.4 %
19 Mar 2003
£118,000
Leasehold
+96.8 %
18 Aug 1998
£59,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 549 sq ft
sale price: £175,000
sale date: 15 Sep 2023
rooms: 2
size: 538 sq ft
sale price: £194,000
sale date: 12 Sep 2022
rooms: 2
size: 452 sq ft
sale price: £125,000
sale date: 1 Aug 2017
rooms: 2
size: 452 sq ft
sale price: £158,750
sale date: 28 Jun 2016
rooms: 2
size: 463 sq ft
sale price: £115,000
sale date: 28 Oct 2015

Data Sources

The property at Apartment 40, Velvet House, 60 Sackville Street, Manchester, M1 3WE appears four times in the Land Registry records, with the latest transaction recorded on 14 Sep 2018. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 10 Feb 2023. 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.