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3 Wharf Close is a residential building situated on Wharf Close, Manchester, M1 with 6 addresses.
It ranks as the 41st largest and 49th most expensive of the 230 buildings in the M1 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 6 properties: 6 flats.
3 Wharf Close is a residential building situated on Wharf Close, Manchester, M1 with 6 addresses.
It ranks as the 41st largest and 49th most expensive of the 230 buildings in the M1 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 6 properties: 6 flats.
Sale prices range from £176,206 for 2 bedroom leasehold flats with a balcony (592 ft2) to £223,295 for 2 bedroom leasehold flats with a balcony (1,001 ft2) .
Monthly rental prices range from £1,211 pcm for 2 bed flats to £1,443 pcm for 2 bed flats.
The gross rental yield is between 7.8% and 8.2%.
The average value per square foot is £295.
The last sale in 3 Wharf Close sold for £205,000 on 31st January 2023. Since then prices are down an average of 11.6%.
The current average value in the building is £185,932.
The 3 Wharf Close Sales Market has increased by 13.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -3% | £185,932 |
| May 2025 | -5.2% | £191,674 |
| May 2024 | -3.7% | £202,178 |
| May 2023 | 7.1% | £209,914 |
| May 2022 | 2.8% | £196,066 |
| May 2021 | 0.1% | £190,798 |
| May 2020 | 1.5% | £190,572 |
| May 2019 | 0.8% | £187,694 |
| May 2018 | 3.4% | £186,159 |
| May 2017 | 9.8% | £179,981 |
| May 2016 | 9.3% | £163,872 |
| May 2015 | 3.5% | £149,991 |
| May 2014 | 5.3% | £144,854 |
| May 2013 | -1.2% | £137,540 |
| May 2012 | -0.6% | £139,162 |
| May 2011 | -0.3% | £139,954 |
| May 2010 | 1.2% | £140,393 |
| May 2009 | -12.5% | £138,668 |
| May 2008 | -4.3% | £158,553 |
| May 2007 | 0% | £165,762 |
The current average rental value in the building is £1,260.
The 3 Wharf Close Rental Market has increased by 27.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.5% | £1,260pcm |
| May 2025 | -1.8% | £1,241pcm |
| May 2024 | 6.4% | £1,264pcm |
| May 2023 | 10.8% | £1,188pcm |
| May 2022 | 13.2% | £1,072pcm |
| May 2021 | -4.7% | £947pcm |
| May 2020 | 1.9% | £993pcm |
| May 2019 | 0.3% | £974pcm |
| May 2018 | -3.8% | £971pcm |
| May 2017 | 1.8% | £1,009pcm |
| May 2016 | 5% | £991pcm |
| May 2015 | 4.9% | £944pcm |
| May 2014 | 3.7% | £900pcm |
| May 2013 | 0.9% | £868pcm |
| May 2012 | 3.5% | £860pcm |
| May 2011 | 1.9% | £831pcm |
| May 2010 | 2.5% | £815pcm |
| May 2009 | -4.5% | £795pcm |
| May 2008 | 0.4% | £833pcm |
| May 2007 | 0% | £830pcm |
The last sale was on 31st January 2023 for £205,000 and since then the market in the area has decreased by 11.6%. The building has had a total of 11 sales since 1995.
3, Wharf Close, Manchester, M1 2WE has seen 1 sale in the last three years and no sales in the last twelve months.
The closest station to 3, Wharf Close, Manchester, M1 2WE is Manchester Piccadilly station which is 300 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around 3, Wharf Close, Manchester, M1 2WE, 68.8% of property is privately rented and 23.2% is privately owned with a mortgage.
The graph below shows how this compares to North West 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 3, Wharf Close, Manchester, M1 2WE, 9.7% of residents are recorded as possessing school level qualifications and 77.3% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 3, Wharf Close, Manchester, M1 2WE, the average age was 30.3 and the most common age was 22.
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 3, Wharf Close, Manchester, M1 2WE, 1.1% 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 3, Wharf Close, Manchester, M1 2WE, there are an average of 0.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.