According to the public record, 6, Velmere Avenue, Manchester is a early-century freehold house with 785 ft2 of internal area and sits on a 122 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Velmere Avenue, Manchester, M9 is located in the borough of Manchester within the M9 postal district.
6, Velmere Avenue, Manchester has 51 entries in the Land Registry database, most recently in October 2018 and a single entry in the EPC database dated February 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 6 Velmere Avenue Manchester as £150,606 and the rental value as £920 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 6 Velmere Avenue Manchester has increased by £5,829 (3.9%) and its rental value has increased by £26 per month (2.8%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 6, Velmere Avenue, Manchester is in very good condition we estimate a sale value of £158,136 and rental value of £966 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £140,063 and a rental value of £855 per month.
If you were able to purchase this property for the estimated value of £150,606, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £740 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 6, Velmere Avenue, Manchester sits on a plot of 122m2.
We have plot size data on 5 out of 10 other houses in the postcode and 6, Velmere Avenue, Manchester sits on the 3rd largest plot.
According to HM Land Registry, 6, Velmere Avenue, Manchester was last sold on 19 Oct 2018 for £95,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Oct 2018, the market for similar properties has risen 43.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Velmere Avenue, Manchester within a radius of 760 metres over the last 2 years.
The most recent example is 20, Buerton Avenue, Manchester, M9 0PX, a Freehold house which sold for £140,000 in Aug 2022.
Read more about house prices in M9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Velmere Avenue, Manchester, M9 has a total of 10 addresses. According to our analysis of all the public data, 6, Velmere Avenue, Manchester is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £36k less expensive than the average property in M9.
6, Velmere Avenue, Manchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Feb 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 6, Velmere Avenue, Manchester is Moston station which is 4.6 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 6, Velmere Avenue, Manchester, 38.0% of property is privately owned outright and 25.6% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 6, Velmere Avenue, Manchester, 15.7% of residents are recorded as possessing school level qualifications and 26.4% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 6, Velmere Avenue, Manchester, the average age was 37.8 and the most common age was 12.
The graph below shows how this compares to North West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 6, Velmere Avenue, Manchester, 0.0% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 6, Velmere Avenue, Manchester, there are an average of 0.9 cars per household.
See below for how this compares to North West and the rest of England & Wales.