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According to the public record, 5, Wellmead Close, Manchester is a mid-century leasehold apartment with 452 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Wellmead Close, Manchester is £81,597 and the estimated rental value is £677 per month.
Wellmead Close, Manchester, M8 is located in the borough of Manchester within the M8 postal district.
5, Wellmead Close, Manchester has 31 entries in the Land Registry , most recently in March 2007 and a single entry in the EPC database dated August 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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 5, Wellmead Close, Manchester is in very good condition we estimate a sale value of £85,677 and a rental value of £711 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £75,885 and a rental value of £630 per month.
Over the last 12 months the sale value of 5 Wellmead Close Manchester has decreased by an estimated £1,323 (1.6%) and its rental value has increased by an estimated £15 per month (2.2%), giving an expected gross yield of 10%.
5, Wellmead Close, Manchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Aug 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 5, Wellmead Close, Manchester was last sold on 8th March 2007 for £69,950 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since March 2007, the market for similar properties has risen 19.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Wellmead Close, Manchester within a radius of 580 metres over the last 2 years.
The most recent example is 27, Wellmead Close, Manchester, M8 8BS, a leasehold flat which sold for £70,000 on the 31st March 2025.
Read more about house prices in M8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wellmead Close, Manchester, M8 has a total of 50 addresses. According to our analysis of all the public data, 5, Wellmead Close, Manchester is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £178k less expensive than the average property in M8.
The closest station to 5, Wellmead Close, Manchester is Manchester Victoria station which is 1.2 kilometres away.
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.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Wellmead Close, Manchester, 67.1% of property is privately rented and 12.9% 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 5, Wellmead Close, Manchester, 14.1% of residents are recorded as possessing school level qualifications and 34.0% 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 5, Wellmead Close, Manchester, the average age was 31.4 and the most common age was 27.
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 5, Wellmead Close, Manchester, 0.7% 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 5, Wellmead Close, Manchester, 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.